Meta Platforms Q3 Earnings: Revenue Beat, EPS Beat, Daily Actives Up 5%, 'Strong Momentum' In AI

Quick Summary:

Q3 Earnings: Meta reported third-quarter revenue of $40.59 billion, beating analyst estimates of $40.29 billion.

Meta has now beat analyst estimates on the top and bottom lines in seven consecutive quarters, according to Benzinga Pro.

The company reported third-quarter adjusted earnings of $6.03 per share, beating analyst estimates of $5.25 per share.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: Facebook After-Hours Center Why it's moving Instagram Movers News Earnings META AI Tech Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 20:33:50 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23342273

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

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News Last Updated: 8 hours ago

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Publisher ID: #53

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