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Meta Forecasts 1st Quarter Revenue Below Estimates
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
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, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
Meta warns first-quarter revenue will miss Wall St expectations
Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
Meta Forecasts First Quarter Revenue Below Estimates
The logo of Meta is seen at the entrance of the company's temporary stand ahead of the World Economic Forum (WEF) in Davos, Switzerland January 18, 2025. REUTERS/Yves Herman/File Photo (Reuters) -Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday,
34m
BT’s Third-Quarter Revenue Drops After Business Unit Struggles
BT Group Plc’s struggling business segment dragged down sales in the third fiscal quarter as the company prepares to carve ...
10h
on MSN
Microsoft’s AI revenue run rate reaches $13B annually as tech giant tops earnings expectations
AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, ...
9h
on MSN
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
10h
Wolfspeed beats Q2 revenue as business transition takes hold
Chipmaker Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on ...
10h
on MSN
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came ...
7h
on MSN
Tesla Revenue, Adjusted Profit Fall Short; EV Maker Sees 2025 Delivery Growth
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose ...
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19h
Genshin Impact Reports Impressive Revenue Results Despite Featuring Two Re-runs
A recent report reveals Genshin Impact's strong sales despite featuring two re-run characters in the second part of Version 5 ...
2d
on MSN
Texas athletics department topped $300 million in revenue and operating expenses in 2024
Texas athletics both generated revenue and had operating expenses of more than $300 during the fiscal year of 2024.
11h
Microsoft beats quarterly revenue estimates, Azure growth slows
Microsoft reported slower-than-expected growth in its crucial Azure cloud business on Wednesday despite beating estimates for ...
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Meta Platforms
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