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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 ...
Tech giant Meta’s advertising business is roaring back, as the parent of Facebook and Instagram exceeded Wall Street’s third-quarter 2023 earnings forecasts. Meta reported Q3 revenue of $34.15 ...
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 ...
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 ...
Analysts, on average, were expecting earnings of $5.22 per share on revenue of $40.21 billion, according to FactSet Research. “We had a good quarter driven by AI progress across our apps and business,” CEO Mark Zuckerberg said in a statement. “We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses.”
META earnings call for the period ending September 30, 2024. ... META) Q3 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. Contents: ... driven primarily by business messaging revenue growth from ...
NEW YORK (Reuters) -Meta Platforms beat expectations for third-quarter revenue and profit on Wednesday, as advertisers banking on resilient consumer spending flocked to its digital platforms ahead ...
Facebook parent Meta reported its Q3 earnings on Wednesday, meeting expectations on revenue and offering lighter than expected guidance for Q4.Here are the most important numbers from the report ...