Core Insights - The company reported a quarterly revenue of $59.89 billion, representing a 24% increase from the same period a year earlier, exceeding LSEG analyst expectations of $58.59 billion by approximately $1.3 billion [1][3] - Earnings per share (EPS) were reported at $8.88, surpassing the expected EPS of $8.23 by 60 cents [1][3] User Metrics - The company revealed additional metrics regarding its user base, indicating potential growth and engagement trends [2]

Core Viewpoint - Meta holds at least a 3% stake in EssilorLuxottica, with potential for the stake to increase, as both companies collaborate on Ray-Ban Meta AI-powered glasses [1][2]. Group 1: Stake Details - Meta's investment in EssilorLuxottica is confirmed to be at least 3%, with estimates suggesting it could be as high as 5%, although likely closer to the lower end [2]. - There are no current plans for Meta to seek a board seat at EssilorLuxottica, indicating a more strategic partnership rather than a controlling interest [3]. Group 2: Product Collaboration - The Ray-Ban Meta glasses, which allow users to take photos, stream content, and interact with an AI assistant, have positively impacted EssilorLuxottica's sales this year [3]. - The partnership is facing increasing competition from major tech companies like Google and Apple, which are also developing their own smart glasses [4].