04:25 PM EDT, 07/31/2024 (MT Newswires) -- Meta Platforms ( META ) reported Q2 earnings late Wednesday of $5.16 per diluted share, up from $2.98 a year earlier.

Analysts polled by Capital IQ expected $4.76.

Revenue in the quarter ended June 30 rose to $39.1 billion from $32 billion a year earlier.

Analysts surveyed by Capital IQ expected $38.3 billion.

The company expects Q3 revenue of $38.5 billion to $41 billion. Analysts polled by Capital IQ expect $39.2 billion.

Shares of the company rose 4.6% in recent after-hours activity.

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