Meta Earnings Reports

Meta's Q4 2024 revenue reached $48.39 billion, a 21% increase year-over-year. Net income also saw a significant rise to $20.84 billion, up 49% compared to the previous year. The company's focus on AI and the metaverse continues to shape its strategic direction.

Meta's Q3 2024 earnings showcased significant growth, with revenue reaching $40.59 billion, a 19% increase year-over-year. Net income surged to $15.69 billion, reflecting a 35% rise. The company's focus on AI and immersive experiences is driving momentum.

Meta reported a strong quarter with a 22% increase in revenue year-over-year, reaching $39.07 billion. Net income increased by 73% to $13.465 billion, and diluted EPS also increased by 73% to $5.16. The company continues to invest in AI and Reality Labs while driving growth across its apps.

Meta reported a strong first quarter in 2024, with revenue increasing by 27% year-over-year to $36.46 billion. Net income saw a significant rise of 117% to $12.37 billion, and diluted EPS reached $4.71. The company is experiencing healthy growth across its apps and continues to invest in AI and metaverse technologies.

Meta reported a strong fourth quarter and full year 2023, with revenue increasing by 25% year-over-year to $40.11 billion. Net income saw substantial growth, reaching $14.02 billion, and diluted EPS increased to $5.33. The company also initiated a quarterly dividend of $0.50 per share.

Meta's Q3 2023 earnings revealed a strong performance with a 23% increase in revenue year-over-year, reaching $34.15 billion. Net income soared by 164% to $11.58 billion, and diluted EPS increased by 168% to $4.39. The company also saw growth in daily and monthly active users across its Family of Apps and Facebook.

Meta Platforms, Inc. reported an 11% increase in revenue to $31.999 billion for Q2 2023. The company's net income rose by 16% to $7.788 billion, with diluted earnings per share (EPS) increasing by 21% to $2.98. Strong growth in ad impressions and a focus on AI and metaverse investments highlighted the quarter.

Meta Platforms, Inc. reported a 3% increase in revenue year-over-year, reaching $28.65 billion. The company's family of daily active people (DAP) grew by 5% year-over-year, averaging 3.02 billion in March 2023. Despite increased costs and expenses, Meta is focusing on AI and efficiency to drive future growth.