META：2025 年第二季度盈利初步分析-Meta Platforms Inc. (META)_ Q2 '25 Earnings First Take

30 July 2025 | 4:34PM EDT Meta Platforms Inc. (META): Q2 '25 Earnings First Take We expect investors to have a positive reaction to META's Q2 '25 earnings report as revenue performance (+22% YoY growth f/x neutral) was driven by the core advertising business and on the back of strong growth in both ad impressions (+11% YoY) and pricing (+9% YoY). In terms of forward disclosure, we would highlight a Q3 2025 revenue guide of $47.5-50.5bn that is above our pre-earnings estimate of $46.7bn (albeit incorporating ...