Meta earnings details 3q 2024

Meta earnings details 3q 2024

@financepresentations

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Business #AIProgress #Q32024 #FinancialResults #BusinessGrowth #MetaPlatforms

Meta earnings details 3q 2024

@financepresentations6 days ago

Meta Reports Third Quarter 2024 Results
MENLO PARK, Calif. – October 30, 2024 – Meta Platforms, In…

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CFO Outlook Commentary
We expect fourth quarter 2024 total revenue to be in the range of $45-48 bi…

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Webcast and Conference Call Information
Meta will host a conference call to discuss the results at…

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Forward-Looking Statements
This press release contains forward-looking statements regarding our fu…

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META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In millions, except per share a…

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META PLATFORMS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
September …

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META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
…

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META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
…

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Segment Results
We report our financial results for our two reportable segments: Family of Apps (F…

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Reconciliation of GAAP to Non-GAAP Results
(In millions, except percentages)
(Unaudited)
Three M…

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Meta earnings details 3q 2024

@financepresentations

On October 30, 2024, Meta Platforms, Inc. reported a revenue increase of 19% year-on-year for Q3 2024, totaling $40.59 billion. CEO Mark Zuckerberg highlighted AI advancements in their apps as a key growth driver. The company's net income rose 35% to $15.688 billion, reflecting strong user engagement and increased ad impressions. A conference call for detailed insights is scheduled for later today.

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#AIProgress #Q32024 #FinancialResults #BusinessGrowth #MetaPlatforms

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