Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
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deadline.comMeta consistently beat Wall Street estimates on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to grill CEO Mark Zuckerberg on a range of topics from AI rivals and investments, and new social media moderation policies.
Here’s to hoping Wall Streeters on a call shortly will ask about Zuckerberg’s shift towards President Donald Trump, including a reported legal settlement.
Meta posted quarterly revenue of $48.39 million, up 21% and beating estimates. Net income of $20.8 million was up 49% and earnings per share of $8.02 up 50%, higher than expected.
and Daily active users across all its family of apps rose 5% to 3.35 billion. The results arrived later than usual after market close.
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