Business
Meta's Q3 Earnings Hit by Legal Costs
Facebook parent company Meta reported a $10 billion hit to its third-quarter earnings due to legal costs from a nationwide settlement with state attorneys general. Despite revenue growth, the financial impact was significant.
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Variety
Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations even as its quarterly revenue was up 28%. The company‘s revenue for the quarter hit $64.6 billion, up
2026-10-21 20:13 UTC