Meta reported a large beat on both the top and bottom line in Q2, with revenue nearly $3 billion ahead of estimates at $47.52 billion and EPS of $7.14 more than 21% ahead of consensus. Ad impressions growth meaningfully rebounded from the mid single-digits to the double-digits in Q2. For Q3, Meta also set the bar quite high by guiding for $49 billion in revenue, pointing to a consecutive quarter with >20% growth. For context, Meta was expected to report <15% growth in both Q2 and Q3. In the b...
