Meta Reports Record Profit, Sales in Q4 Blockbuster

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Meta reported record-setting sales and profits on Wednesday afternoon, with the parent company of Facebook and Instagram posting $20.84 billion in Q4 net income. The company also reported revenue of $48.4 billion between October and December of 2024, surpassing analyst estimates of $47 billion. Meta’s Q4 report indicates the company is still a dominant force when it comes to online advertising, with 97% of the company’s sales stemming from ads. Notably, Meta posted the strong Q4 report despite

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Meta Reports Record Profit, Sales in Q4 Blockbuster https://www.thewrap.com/ - 29.01.2025 21:52

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Meta Reports Record Profit, Sales in Q4 Blockbuster https://www.thewrap.com/ - 29.01.2025 21:52