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Meta reported Q3 revenue of $34.15 billion, up 23%, and net income more than doubling to $11.58 billion (or $4.39 per share). The results come after the company suffered year-over-year revenue ...
Meta, the most massive social media company on the planet, keeps growing bigger. The parent company of Facebook and Instagram reported Q3 2024 revenue of $40.58 billion, a quarterly record, up a ...
Nearly all of Meta's revenue comes from advertising on its platforms, so a slight shortfall in user numbers also put a dent in an otherwise strong quarter. ... Meta's third-quarter profit surges ...
For the third quarter, Meta saw earnings per share (EPS) of $6.03 on revenue of $40.5 billion. Wall Street was expecting EPS of $5.25 on revenue of $40.2 billion, according to analyst estimates ...
For the current quarter, Meta is forecasting revenue of $45 billion to $48 billion. Analysts are expecting $46.18 billion. “Meta’s solid quarter adds further evidence to the view that digital advertisers are choosing to spend their budget on the so-called market leaders, such as Facebook and Instagram, at the expense of the smaller social ...
META earnings call for the period ending September 30, 2024. ... META) Q3 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. Contents: Prepared Remarks ... we will look to introduce cross-surface data ...
Bank of America analysts expect a "modest" earnings beat from Meta on Wednesday. They forecast the firm to report as much as $47.5 billion in revenue, which would represent an 18% year-over-year ...
Ad revenue climbed nearly 19% to $39.9 billion, while Reality Labs, which is home to Meta's metaverse and the augmented reality headsets, saw revenue jump by 29% year over year to $270 million ...