Categories AlphaGraphs, Earnings, Technology
META Earnings: Meta Platforms Q3 profit tops expectations; revenue up 19%
Meta Platforms, Inc. (NASDAQ: META), the parent company of social networking behemoth Facebook, Wednesday said its third-quarter profit increased sharply on strong revenue growth. Earnings beat estimates.
Net income rose to $15.69 billion or $6.03 per share in the September quarter from $11.58 billion or $4.39 per share in the corresponding period of 2023. The bottom line exceeded Wall Street’s expectations.
The strong earnings performance reflects a 19% growth in third-quarter revenues to $40.6 billion, aided by continued strong advertising growth.
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
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion