Meta Reports Large Q2 Beat, Ad Impressions Growth Rebounds

Meta reported a large beat on both the top and bottom line in Q2, with revenue nearly $3 billion ahead of estimates at $47.52 billion and EPS of $7.14 more than 21% ahead of consensus. Ad impressions growth meaningfully rebounded from the mid single-digits to the double-digits in Q2. For Q3, Meta also set the bar quite high by guiding for $49 billion in revenue, pointing to a consecutive quarter with >20% growth. For context, Meta was expected to report

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