It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
Revenues: $48.4 billion, up 21% year-over-year. Meta’s Q4 sales from Zack’s Investment Research estimated revenues of $47 ...
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts. Billionaire Bill Gates ...
Meta is slated to report fourth-quarter earnings on Wednesday after the close of regular trading. Meta shares are up over 11% ...
Meta’s strong ad revenue is overshadowed by Reality Labs’ $5B losses. Learn why META stock’s high valuation and AI capital ...
Meta Platforms Inc.'s revenue outlook failed to live up to Wall Street's revenue expectations with its forecast for the first quarter, as it expects sizable pressure related to the strong U.S. dollar.
Meta Platforms shares rose 2.3% after the company reported results that beat expectations, including a 21% increase in sales. The owner of Facebook and Instagram reported earnings per share of $8.02, ...
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Here is how the company did compared with estimates from analysts polled by LSEG: Earnings per share: $8.02 vs. $6.77 expected Revenue: $48.39 billion vs. $47.04 billion expected Meta CEO Mark ...
For the current quarter, Meta said expects revenue of $39.5 billion to $41.8 billion. Analysts are expecting revenue at the high end of that range — $41.68 billion. The company also said it ...