Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
Meta Smashes Earnings Expectations in Q4, Mark Zuckerberg Touts “U.S. Administration That Is Proud of Our Leading Companies”
Meta Platforms Inc., the parent company of Facebook and Instagram, revealed a blowout Q4 in its latest earnings report, but warned Wall Street that its capital expenditures will soar in 2025, partly due to its investment in generative AI technology.
Meta Reports Record Profit, Sales in Q4 Blockbuster
Revenues: $48.4 billion, up 21% year-over-year. Meta’s Q4 sales from Zack’s Investment Research estimated revenues of $47 billion. As usual, the bulk of Meta’s sales came from ad revenue, which accounted for $46.8 billion.
Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as before, this coincides with equally growing costs. Meta’s Reality Labs division houses its metaverse and XR groups,
Meta’s Q4 profits exceed Wall Street’s expectations
Meta's fourth quarter profits rose to $48.39 billion thanks to higher ad revenue on its social media properties.
META Earnings: Meta Platforms’ Financial Results Top Wall Street Forecasts
Social media giant Meta Platforms (META) has reported fourth-quarter 2024 financial results that beat Wall Street forecasts on both the top and
Meta Earnings Beat Amid AI Push. Wall Street: 'Meta Has Earned The Right To Invest.'
Wall Street continues to cheer higher investments in artificial intelligence as a long-term growth driver for Meta stock amid Q4 earnings.
Wall Street analysts generally bullish on Meta's AI focus following earnings beat
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Meta Platforms leads most of Wall Street higher
U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.
Stock market today: Meta Platforms rallies as most of Wall Street ticks higher
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.
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Meta Platforms Is Surging on Q4 Earnings. Is Meta Stock a Buy, Sell, or Hold for 2025?
Meta Platforms (META) stock has been on an impressive upward trend, rising 76% over the past year. This reflects the company’s ability to grow its daily active user base and driver higher engagement ...
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg ...
Buy, Sell, Or Hold META Stock At $690?
It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
Meta Platforms Q4 strong but outlook ‘more mixed,’ says JPMorgan
JPMorgan says Meta Platforms (META) reported strong Q4 results with an outlook that is “more mixed,” largely due to higher expenses, and framed ...
Meta to announce Q4 earnings amid AI spending spree
Shares of Meta are up 65% over the last 12 months.
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Meta’s Latest Earnings Results for Q4 of 2024 Show a New High of 3.35 Billion Active Users
Tech giant Meta just shared its latest earnings results for the final quarter of 2024. The company has clearly reached a ...
Meta Platforms’ Robust Q4 Performance and Promising Future Drive Buy Rating
Analyst Brian White from Monness maintained a Buy rating on Meta Platforms (META – Research Report) and increased the price target to $775.00 ...
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...