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The company’s stock was up more than 21% after Meta reported a 25% jump in year-over-year revenue for the fourth quarter on Thursday. Partly fueling that increase may be Zuckerberg’s ...
Meta's advertising revenue came in at $38.7 billion in the fourth quarter, beating expectations for $37.8 billion. The company also reported 2.11 billion Facebook daily active users.
Meta's stock surged 20.3% for the session, also recording its biggest one-day percentage increase in a year and its third biggest since its 2012 Wall Street debut. Its stock market value now ...
Meta's stock was down more than 3% in after-hours trading following its call with analysts. ... Reality Labs revenue $270 million, +29% y/y, estimate $312.8 ... estimate $20.47 billion.
2 reasons Meta stock is exploding 20% after a whopper earnings miss. Brian Sozzi. February 2, 2023 at 11:50 AM ... Facebook Daily Active Users (DAUs) – 2 billion actual versus 1.98 billion expected.
Facebook parent company Meta announced its fiscal third quarter earnings after the closing bell on Wednesday, beating analysts' expectations on the top and bottom lines. The company forecast Q4 ...
Facebook filed for an initial public offering (IPO) on January 1, 2012. [23] The preliminary prospectus stated that the company sought to raise $5 billion, had 845 million monthly active users, and a website accruing 2.7 billion likes and comments daily. [24]
Shares of Meta Platforms (NASDAQ: META) rose today as the social media giant benefited from a cooler-than-expected inflation report, the company's announcement yesterday that it would lay off 5% ...