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Meta The shares jumped more than 10% after the company reported in the second quarter on Wednesday, which won the profit. Here’s how the company did, compared to the estimates of analysts interviewed by LSEG:
Sales in the second quarter Meta increased by 22% a year, which was the same growth rate as a year ago.
Company advertising revenues for the second quarter amounted to $ 46.56, ahead of $ 43.97 billion projections. On Wednesday, calls with analysts, CEO Mark Zuckerberg said that Meta’s artificial intelligence was unlocked “greater efficiency and profit in our advertising system”.
Meta said the sales in the third quarter will be coming from $ 47.5 billion and $ 50.5 billion before the $ 46.14 billion estimates.
The company said the capital expenses would be between $ 66 to $ 72 billion, which will increase the low end of the company preliminary Estimate from $ 64 to $ 72 billion.
Meta noted that the compensation related to the employment will become “the second largest growth engine”, and “these factors will lead to the growth rate of the cost of 2026, which is higher than the 2025 expenses.”
Labs reality, Meta unit, dedicated to the development of virtual reality and supplemented technology reality, has recorded an operating loss of $ 4.53 billion per $ 370 million for the second quarter. The loss was less than the estimates on Wall -Ratitis, but also the expected sales.
Daily active people for the Meta family rose to 3.48 billion in the second quarter, ahead of analysts estimates by 3.45 billion. This is compared to 3.43 billion in the previous quarter.
Meta’s total costs and expenses for the second quarter amounted to $ 27.08 billion, which increased by 12% compared to last year.
The company started its hiring AI Bonanza in June when she invest $ 14.3 billion in scale AI, putting the Director -General for the launch of Alexander Wang, to head new Meta Metaineligeption laboratories as chief employee II. Zuckerberg took on Developer reaction to the AI Llama 4 modelCNBC reported on Tuesday.
Meta Finance Chief Susan Lee discussed the scale of AI -AI and AI -related cost, saying that “we also earned $ 15.1 billion in investment in invalid capital in the second quarter, which includes our investments in the minority in AI Scale, as well as other investment events.”
Zuckerberg provided direct For his vision, a “personal supervisor” in a letter he posted on Wednesday morning. Zuckerberg did not list any specific product or application that shows its vision, but said advanced technology should be used for “personal enlargement and opportunities” for automation and efficiency.
The CEO has expanded the investment at AI company during the call for profit, saying: “Super intelligence gives people to be more creative, develop culture and community, get involved with each other and lead a more fulfilling life.”
“Over the past few months, we have begun to see the glimpses of our AI systems that have been improving, and the improvement is slow but indisputable,” Zuckerberg said. “The development of the Super Intelligence, which we define both the II, which is superior to human intelligence, as we think is now observed.”
The social media company said the total cost of 2025 will fall from $ 114 billion to $ 118 billion, which increases the low end of the previous worldview from $ 113 to $ 118 billion.
Asked about the company’s capital expenses, Lee said that during his earnings, Meta “studies ways to work with financial partners to develop data centers.”
“We do not have any refined operations that report, but we usually believe that there will be models that will attract considerable external financing to support large-scale data centers that are developed using our ability to create world-class infrastructure,” Lee said.
Meta’s net income in the second quarter rose 36% to $ 18.34 billion a year.
The company did not provide a forecast for sale in the fourth quarter, but stated that it expected that the growth level in this quarter would be slower than in the third quarter, when we twist the period of stronger in the fourth quarter of 2024.
Google published Strong quarterly income results Last week that beat the top and bottom line.
Amazon and Reddit Report your income on the second quarter on Thursday.
Hair Report the last quarterly income on Tuesday and behind it Pinterestwhich reports on its financial resources on Thursday.