Meta reported Q4 earnings Wednesday and stuck to its AI-led spending plans. The tech giant beat revenue estimates; shares gained in post-market trading. CEO Mark Zuckerberg answered questions about ...
“We had a good quarter driven by AI progress across our apps and business,” said Mark Zuckerberg, underscoring robust momentum with Meta AI, Llama adoption and AI-powered glasses. His overall tone was ...
Meta's costs and expenses in Q1 rose 9.4% to $24.76 billion. But since that growth was much less than the 16.1% rise in revenue, profitability improved. Income from operations jumped 27% to $17.56 ...
“Our outlook reflects an expectation for continued strong ad revenue growth, partially offset by lower year-over-year Reality Labs revenue in the fourth quarter. The anticipated reduction in Reality ...
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