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Meta Takes $2.4 Billion Charge for Legal Proceedings in Q2, Revenue Booms 28% to Over $60 Billion

Meta continues to post soaring revenue, but the Mark Zuckerberg-led company took a big hit in the second quarter of 2026 related to legal proceedings and layoffs.

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https://www.livemint.com/companies/meta-shares-drop-as-q2-profit-declines-due-to-legal-expenses-and-severance-costs-11785357153918.html

Meta shares drop as Q2 profit declines due to legal expenses and severance costs | Company Business News

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https://www.manilatimes.net/2026/07/30/business/meta-shares-drop-as-q2-profit-declines-due-to-legal-expenses-and-severance-costs/2394469

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