MEta beat on earnings with $60.8 billion for the second quarter but net income declined by 14% compared to the same quarter of the previous year to $15.8 billion. Its diluted earnings per share (EPS) fell 13% year-over-year to $6.18. The company said it expects its 2026 capital expenditures to range between $130 billion and ... Read more
MEta beat on earnings with $60.8 billion for the second quarter but net income declined by 14% compared to the same quarter of the previous year to $15.8 billion. Its diluted earnings per share (EPS) fell 13% year-over-year to $6.18. The company said it expects its 2026 capital expenditures to range between $130 billion and $145 billion, up from its previous outlook of between $125 billion and $145 billion.
Cash flow – Cash flow from operating activities was $31.86 billion, and free cash flow was $784 million
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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