Meta Reports Q2 2023 Family Daily Active People 3.07B, Up 7%
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms Inc. has reported a 7% increase in its Q2 2023 Family Daily Active People, reaching 3.07 billion.
July 26, 2023 | 8:07 pm
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POSITIVE IMPACT
Meta's Q2 2023 report shows a 7% increase in Family Daily Active People, indicating a growth in user engagement.
The increase in Family Daily Active People indicates a growth in user engagement, which is a key performance indicator for social media companies like Meta. This could lead to increased ad revenues and potentially a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100