Meta turned in a big beat for the fourth quarter of 2024, with the parent of Facebook and Instagram reporting record quarterly revenue and net profit to close out the year. The strong results come as the company is looking ahead to a massive increase in AI-fueled capital spending in 2025 — and as Meta

Meta Platforms Inc., the parent company of Facebook and Instagram, revealed a blowout Q4 in its latest earnings report, but warned Wall Street that its capital expenditures will soar in 2025, partly due to its investment in generative AI technology.

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.

At this time, I would like to welcome everyone to the Meta fourth quarter and full year 2024 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks,

Facebook (META) has released its earnings report for Q4 2024, chronicling its financial performance over the past few months. In it, the company showed a beat on both revenue and EPS expectations. Meta released its Q4 2024 earnings report at the close of markets today.

Meta Platforms stock (NASDAQ:META) rose fractionally in the immediate aftermath of the company's fourth-quarter earnings report, where the company topped forecasts for revenues, profit and users, but issued soft revenue guidance for the current quarter.