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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 ...
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 ...
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 earnings call for the period ending September 30, 2024. ... META) Q3 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. Contents: ... mostly driven by higher headcount-related expenses and ...
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 ...
"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 ...
Let's take a close look at Meta's Q3 earnings guidance and AI ambitions to see if investors should be buying this modest pullback in the stock. ... Meta turned in record Q3 results, as its revenue ...
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.