https://mediapresser.com/tags/meta/ Recent content in meta on Media Presser Hugo -- gohugo.io en-us Thu, 30 Jul 2026 00:00:00 +0000 https://mediapresser.com/meta-q2-3.6b-of-retrospective-charges-against-a-raised-capex-floor/ Thu, 30 Jul 2026 00:00:00 +0000 https://mediapresser.com/meta-q2-3.6b-of-retrospective-charges-against-a-raised-capex-floor/ Meta reported second-quarter revenue of $60.8 billion, up 28% year over year, family daily active people of 3.6 billion on average for June, up 3%, and guided third-quarter revenue below consensus. The stock fell more than 8% after hours. Underneath the headline sit three numbers that explain the reaction better than the guide does: $2.4 billion in charges related to legal proceedings, $1.18 billion in severance connected to the May layoff of about 8,000 staff, and free cash flow of $784 million, down 91%.