Reported 1 day ago
Meta exceeded earnings expectations in Q4 2024, reporting an EPS of $8.02 and revenues of $48.4 billion, but is anticipating slower revenue growth and rising expenses for 2025, with a focus on significant AI investments. The company expects 2025 expenses to be between $114 billion and $119 billion, primarily driven by infrastructure and employee compensation costs. CEO Mark Zuckerberg highlighted ongoing advancements in AI and future projects as key focuses.
Source: YAHOO