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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 ...
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. Net income was $15.69 billion — an increase of 35% ...
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 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 ...
In Q3, Reality Labs' operating loss was $4.4 billion. ... Meta beats revenue and EPS estimates for the 3rd quarter. Revenue $40.59 billion, +19% y/y, estimate $40.25 billion.
Meta Platforms (NASDAQ: META) Q3 2024 Earnings Call Oct 30, 2024, ... Q3 total revenue was $40.6 billion, up 19% or 20% on a constant-currency basis. ... data centers, and network infrastructure ...
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 ...
The Facebook and Instagram parent said it anticipates third-quarter revenue in the range of $38.5 billion to $41 billion, the midpoint of which is higher than analysts' estimates of $39.1 billion ...