Meta turned in a big beat for the fourth quarter of 2024, with the parent of Facebook and Instagram reporting record quarterly revenue and net profit to close out the year. The strong results come ...

Meta turned in another great quarter to close out 2024, with revenue climbing 21% year over year to $48.4 billion. Advertising revenue was also up 21%, coming in at $46.8 billion. Revenue at ...

Meta Platforms META reported fourth-quarter 2024 earnings of $8.02 per share, beating the Zacks Consensus Estimate by 20.06%. The figure surged 50.5% year over year. Revenues of $48.385 billion ...

It heavily relies on advertising revenue generated from these platforms to drive its financial performance. Meta's recent focus has been on integrating AI into its operations to enhance ...

During its Q4 2024 earnings call, Meta revealed that Reality Labs reached a record $1.08 billion in quarterly revenue, but also had its biggest quarter in terms of costs at $6.05 billion ...

(AP Photo/Godofredo A. Vásquez, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] SAN FRANCISCO (AP) — Meta Platforms Inc. posted sharply higher profit and revenue for its ...

Meta Platforms (META) delivered a first-quarter revenue forecast that fell short of Wall Street expectations, raising concerns over the effectiveness of its massive investments in artificial ...