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 healthy 19% year over year. Net income was $15.69 billion — an increase of 35% and also a quarterly record — translating to […]
Meta Q3 Revenue Hits Record $40.6 Billion, Expects ‘significant’ Increase In Capital Spending In 2025
Todd Spangler, Variety
Wed, 10/30/2024 - 1:40pm
BING NEWS:
- Meta's Earnings Top Estimates With a Boost From AI Demand as It Lifts Spending Projections
Meta reported better-than-expected earnings for the third quarter and lifted its estimates for how much money it will spend this year as it invests in AI.
10/30/2024 - 10:05 am | View Link - Meta’s Profit Rises 35%, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.
10/30/2024 - 9:58 am | View Link - Meta Posts Record $15.7 Billion Profit as Net Income Balloons 35% in Q3
Meta's net income jumped 35% year-over-year to $15.68 billion when it reported its third quarter earnings on Wednesday ...
10/30/2024 - 9:44 am | View Link - Meta’s third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected results for the third quarter as its advertising revenue continued to grow.
10/30/2024 - 9:42 am | View Link - Meta Q3 Revenue Hits Record $40.6 Billion, Expects ‘Significant' Increase in Capital Spending in 2025
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 ...
10/30/2024 - 9:40 am | View Link - More
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