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Earnings per share (EPS) soared from $2.98 a year ago to $5.16. Family daily active people (DAP), which measures registered users that log into one of its apps on a daily basis, rose nearly 7% ...
Meta stock ripped higher on Thursday, rising as much as 9% while investors celebrated the company's better-than-expected second quarter results and a forecast for higher revenue than Wall Street ...
Based on its after-hours price Wednesday, the stock is valued at a price-to-earnings ratio of 26.5, essentially in line with the S&P 500. But Meta Platforms is still seeing explosive growth, and ...
The bears doubtful of Meta's turnaround in 2023 would have been blown away by the giant's first-quarter result in 2024. Revenue came in at $36.4 billion, an incredible 27% growth rate, while net ...
Meta has no choice but to spend billions of dollars on building out the metaverse if it wants to control its future, Goldman Sachs tech analyst Eric Sheridan argues. "Taking a step back from the ...
Meta reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock ...
Meta is Erickson's top pick from his sector coverage for 2023. The bullish call comes after a brutally challenging year for Meta as the economic slowdown weighed on corporate advertising spending ...
The company’s stock was up more than 21% after Meta reported a 25% jump in year-over-year revenue for the fourth quarter on Thursday. Partly fueling that increase may be Zuckerberg’s ...
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