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The parent company of Facebook and Instagram reported Q3 2024 revenue of $40.58 billion, a quarterly record, up a healthy 19% year over year. ... the number of daily active users across Meta’s ...
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 ...
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 ...
Q3 total Family of Apps revenue was $40.3 billion, up 19% year over year. Q3 Family of Apps ad revenue was $39.9 billion, up 19% or 20% on a constant-currency basis.
Meta said it's “family daily active people” — that is the number of users who signed into at least one of its apps (Facebook, Messenger, Instagram, WhatApp and Threads) in a day — was 3.29 ...
"The beat in Meta's Q3 revenue and strong Q4 guidance mean investors should remain willing to look past its spending on AI and other initiatives," said Emarketer principal analyst Jasmine Enberg.
The Reality Labs segment, although still a nascent revenue source, remained in the spotlight due to extensive investments in metaverse-related innovations. Despite static revenue growth—$1.08 ...
Surging revenue, combined with an 8% drop in costs and expenses after eliminating more than 21,000 jobs since late 2022, allowed Meta to triple its net income to $14.02 billion.