Meta Revenue News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Meta revenue. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Meta Revenue Today - Breaking & Trending Today
Meta Platforms Inc. tripled its profit to $14 billion, or $5.33 per share, in Q4 2023, up from $4.65 billion, or $1.76 per share, a year earlier. Revenue grew 25% to $40.11 billion from $32.17 billion. Monthly active users on Meta s apps reached 3.98 billion, up 6% from 2022. Meta is forecasting Q1 2024 revenue of $34.5 billion to $37 billion, above expectations. It had 67,317 employees as of Dec. 31, 2023, a decrease of 22% year-over-year. ....
Meta Platforms, the owner of Facebook and Instagram, reported better-than-expected profits and revenue for Q3 2023. The company s strong performance was attributed to cost-cutting measures and a recovery in digital advertising ahead of the holiday season. Meta s operating margins doubled to 40%, and it also reduced expenses for the year. ....
Meta s India arm earns ad revenue by selling ad inventory on Facebook, Instagram, and Messenger. Along with Google, Meta has been one of the biggest beneficiaries of the shift in ad spending from traditional platforms to digital. ....