Meta Platforms, Inc. (META) reported a drop in earnings for the third quarter, with $2.70 billion or $1.05 per share, compared to $15.68 billion or $6.03 per share last year. However, the company’s revenue increased by 26.3% to $51.24 billion from $40.58 billion in the same period last year.

Read more at Nasdaq.: Meta Platforms, Inc. Q3 Profit Falls