Categories AlphaGraphs, Earnings, Technology
META Earnings: Meta Platforms Q4 profit jumps on double-digit revenue growth
Meta Platforms, Inc. (NASDAQ: META), the parent company of social media giant Facebook, Thursday said its fourth-quarter earnings surged, benefitting from a sharp increase in revenues.
Net income more than doubled to $14.02 billion or $5.33 per share in the December quarter from $4.65 billion or $1.76 per share in the corresponding period of 2022.
The strong earnings performance reflects a 25% growth in total revenues to $40.11 billion. Driving the top-line growth, the core advertising revenue increased by double digits.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: How Deere & Company (DE) performed in Q2 2024
Deere & Company (NYSE: DE) reported second quarter 2024 earnings results today. Total net sales and revenues decreased 12% year-over-year to $15.2 billion. Net income was $2.37 billion, or $8.53
WMT Earnings: Key quarterly highlights from Walmart’s Q1 2025 financial results
Walmart Inc. (NYSE: WMT) reported its first quarter 2025 earnings results today. Consolidated revenue increased 6% year-over-year to $161.5 billion. Revenue growth on a constant currency basis was 5.8%. Consolidated
Home Depot (HD): A look at how the home improvement retailer fared in Q1 2024
Shares of Home Depot (NYSE: HD) rose over 2% on Wednesday. The stock has gained 19% over the past 12 months. The company delivered mixed results for the first quarter