Meta Platforms reported impressive Q4 earnings, exceeding expectations with $48.38 billion in sales, a 20% increase from last year. This marks nine consecutive quarters of earnings beats. The growth was attributed to a 14% rise in average ad price and a 5% increase in user engagement, with daily active users reaching 3.35 billion. Profitability surged to $20.83 billion amid a notable 50% increase in EPS. Despite not providing a full-year revenue guide, Q1 2025 revenue is expected to be between $39.5-$41.8 billion, hinting at continued strong performance.
Meta Platforms exceeded Q4 earnings expectations with sales of $48.38 billion, reflecting a 20% increase year-over-year, driven by AI-enhanced advertising.
The company reported a remarkable 50% rise in EPS, attributing strong performance to increased user engagement and a 14% spike in average ad prices.
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