Jonathan Vanian / CNBC:

Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020  —  Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies.

Jonathan Vanian / CNBC:

Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020  —  Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies.

Source: TechMeme
Source Link: http://www.techmeme.com/251029/p49#a251029p49