{"id":1024903,"date":"2026-07-30T10:44:17","date_gmt":"2026-07-30T05:14:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1024903"},"modified":"2026-07-30T10:44:17","modified_gmt":"2026-07-30T05:14:17","slug":"meta-shares-drop-as-q2-profit-declines-due-to-legal-expenses-and-severance-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/30\/meta-shares-drop-as-q2-profit-declines-due-to-legal-expenses-and-severance-costs\/","title":{"rendered":"Meta shares drop as Q2 profit declines due to legal expenses and severance costs"},"content":{"rendered":"<p>Meta Platforms said Wednesday its second-quarter profit declined even as revenue beat Wall Street&#8217;s expectations, as legal expenses and severance costs for recent layoffs weighed on its results.<\/p>\n<p>The Facebook and Instagram parent company earned $15.85 billion, or $6.18 per share, in the April-June period. That&#8217;s down 14% from $18.34 billion, or $7.14 per share, in the same period a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta Platforms said Wednesday its second-quarter profit declined even as revenue beat Wall Street&#8217;s expectations, as legal expenses and severance costs for recent layoffs weighed on its results. The Facebook and Instagram parent company earned $15.85 billion, or $6.18 per share, in the April-June period. That&#8217;s down 14% from $18.34 billion, or $7.14 per share, in the same period a year earlier.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1024903","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1024903"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024903\/revisions"}],"predecessor-version":[{"id":1024906,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024903\/revisions\/1024906"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1024903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1024903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1024903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}