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 Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta reports 21% YoY revenue growth in Q4, ad revenue reaches $46.8 Billion
Meta says ending its fact-checking program has not affected advertiser spending; Zuckerberg predicts Threads will reach a billion users as AI and metaverse investments continue
Meta forecasts first quarter revenue below estimates
(Reuters) -Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey artificial intelligence-powered tools were struggling to attract additional digital ad dollars to its social media platforms.
Meta posts better than expected ad revenue growth
Ad impressions delivered across Meta social media platforms increased by 6% in the quarter and 11% for the year to December. Average price per ad increased by 14% in the December quarter and 10% for the full year 2024.
Meta’s (NASDAQ:META) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses Expectations
Social network operator Meta Platforms (NASDAQ:META) in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive,
Meta warns first-quarter revenue will miss Wall St expectations
Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
Meta: Advertising Strength Is Helping To Offset Huge Expense Growth (Upgrade)
Meta Platforms reported strong earnings, but the stock's modest rise reflects its already high valuation after a 70% rally ...
Meta Reports Strong Q4 Earnings, Zuckerberg Highlights AI and Ad Growth
Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.
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 ...
Marketing Dive5h
Meta’s AI tools attract more advertisers as tech enters ‘defining’ year
More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its ...
Meta could rake in billions in ad dollars if TikTok is banned
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta ...
Meta earnings live updates: Wall Street watching for AI monetization, reaction to DeepSeek mania
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
Meta Q4 Earnings Preview: Analysts Say Advertising Strength Could Drive 'Above-Industry Topline Growth'
Earnings Estimates: Analysts expect Meta Platforms to report fourth-quarter revenue of $46.99 billion, up from $40.11 billion ...
MediaNama8h
Meta Q4 2024 Profit Up 49% At $20.8 Billion, No Impact of Content Moderation Removal On Ad Spends: CFO
Meta witnessed a 49% year-on-year growth in profit in Q4 2024; ad revenue grew 21% despite changes easing content moderation.