04:53 AM EDT, 07/31/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the last paragraph.)

Meta Platforms ( META ) reported Q2 earnings Wednesday of $7.14 per diluted share, up from $5.16 a year earlier.

Analysts polled by FactSet expected $5.88.

Revenue for the quarter ended June 30 was $47.52 billion, up from $39.07 billion a year earlier.

Analysts surveyed by FactSet expected $44.81 billion.

The company expects Q3 revenue between $47.5 billion and $50.5 billion.

Analysts polled by FactSet expect $46.24 billion.

Meta shares were 12% higher in recent premarket activity Thursday.