Categories AlphaGraphs, Earnings, Technology
META Earnings: Key quarterly highlights from Meta Platforms’ Q4 2024 financial results
Meta Platforms, Inc. (NASDAQ: META) reported its fourth quarter 2024 earnings results today.
Revenue increased 21% year-over-year to $48.39 billion.
Net income increased 49% to $20.84 billion while earnings per share rose 50% to $8.02 compared to last year.
Revenue and earnings beat expectations, allowing the stock to gain over 5% in aftermarket hours on Wednesday.
Family daily active people (DAP) was 3.35 billion on average for December 2024, an increase of 5% year-over-year.
Cash, cash equivalents, and marketable securities were $77.81 billion as of December 31, 2024.
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: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%
E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts' estimates. Net sales increased to $187.8 billion
Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength
Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook
Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report
Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or
