Key Takeaways (AI-Generated)
Financial Performance
- Q3 total revenue was $51.2 billion, up 26% year-over-year
- Family of Apps ad revenue was $50.1 billion, up 26% or 25% on constant currency basis
- Operating income was $20.5 billion with 40% operating margin
- Net income was $2.7 billion or $1.05 per share (excluding one-time tax charge)
Business Highlights
- 3.5 billion people use at least one Meta app daily
- Instagram reached 3 billion monthly actives
-...