Meta Platforms Inc

ISIN US30303M1027 / Valor 14917609

NASDAQ (2025-03-14)

USD 607.60+2.87%

Meta Platforms Inc
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About company

Meta Platforms Inc., formerly known as Facebook, is a global technology company that has significantly influenced how people connect, communicate, and share information online. Founded in 2004, the company initially launched Facebook, a social networking site that rapidly became a pivotal part of digital social interactions. Over the years, Meta has expanded its portfolio to include other popular social media and messaging apps such as Instagram, WhatsApp, and Messenger, collectively empowering over 3 billion users worldwide. In recent years, Meta has shifted its focus towards the development of immersive technologies, including augmented reality (AR), virtual reality (VR), and mixed reality (MR), aiming to pioneer the next evolution of social technology. This strategic pivot towards creating more immersive digital experiences is encapsulated in its rebranding to Meta and its investment in the metaverse, a collective virtual shared space. The company's business operations now encompass a broad spectrum of products and services designed to facilitate global connectivity, community building, and the advancement of innovative technologies in the AR/VR space.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Meta Platforms Inc. reported a significant increase in revenue for the fourth quarter of 2024, reaching $48.39 billion, which represents a 21% growth compared to the same period in 2023. For the full year 2024, the company achieved a total revenue of $164.50 billion, marking a 22% increase year-over-year.

Net Income Surge

The net income for Meta Platforms Inc. in the fourth quarter of 2024 was $20.84 billion, a substantial 49% increase from the previous year. For the entire year, the net income rose to $62.36 billion, reflecting a 59% growth compared to 2023.

Earnings Per Share

Meta Platforms Inc. reported diluted earnings per share (EPS) of $8.02 for the fourth quarter of 2024, a 50% increase from the same quarter in 2023. For the full year, the EPS was $23.86, representing a 60% rise year-over-year.

Operating Margin Improvement

The operating margin for Meta Platforms Inc. improved to 48% in the fourth quarter of 2024, up from 41% in the same period of the previous year. For the full year, the operating margin increased to 42%, compared to 35% in 2023.

Future Outlook

Looking ahead, Meta Platforms Inc. expects its first quarter 2025 total revenue to be in the range of $39.5-41.8 billion, indicating an 8-15% year-over-year growth. The company also anticipates full year 2025 total expenses to be between $114-119 billion, with significant investments in infrastructure and technical talent.

Summarized from source with an LLMView Source

Key figures

23.5%1Y

226%3Y

257%5Y

Performance

35.7%1Y

49.4%3Y

45.4%5Y

Volatility