The company recorded record revenues of US $ 48,390 million in the fourth quarter, compared to the average estimation of analysts of US $ 47,030 million.
Platforms goal exceeded on Wednesday the Wall Street estimates on the revenue of Christmas quarter, sign that your marketing tools promoted by artificial intelligence SThey were attracting advertising investment through their social media platforms.
The company registered record revenues of US $ 48,390 million in the fourth quarter, compared to the average estimation of US $ 47,030 million dollars, according to LSE data.
The company also recorded an increase in its annual turnover, of 22%, to US $164,501 million, while its costs rose 8%, to 95,121 million dollars. Between October and December, the most analyzed quarter on Wall StreeT, goal won 20,838 million, almost 50% of what was recorded in the same quarter of the previous year.
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The good goal performance in 2024, promoted investors
Meta Platforms foresees in the first quarter of the fiscal year 2025 income of US $ 39.50b-U $ S41.50b, in the face of the estimate of the consensus of analysts of US $ 41.60b.
Meta Platforms closed at US $ 676.49, which represents a rise of 19.28% in the last three months and 69.10% in the last 12 months.
Goal was the one that had the best performance among the “seven magnificent” so far in January and is on its way to its greatest monthly gain since February (2024). Microsoft, on the other hand, climbed only 6% so far this year and only increased by 12% in 2024.
Goal announced last Friday that plans to invest up to US $65,000 million In developments in 2025, much more than expected. For its part, Microsoft plans to spend U $ 80,000 million In this fiscal year.
Source: Ambito
