Meta Platforms, Inc. (NASDAQ: META) reported its fourth quarter 2024 earnings outcomes right this moment.
Income elevated 21% year-over-year to $48.39 billion.
Internet revenue elevated 49% to $20.84 billion whereas earnings per share rose 50% to $8.02 in comparison with final 12 months.
Income and earnings beat expectations, permitting the inventory to realize over 5% in aftermarket hours on Wednesday.
Household each day energetic folks (DAP) was 3.35 billion on common for December 2024, a rise of 5% year-over-year.
Money, money equivalents, and marketable securities had been $77.81 billion as of December 31, 2024.