Meta Platforms Inc. Delivers Exceptional Q4 Results

On Wednesday, Meta Platforms Inc. announced its fourth quarter and full-year financial outcomes, surpassing market predictions with a remarkable 50% year-over-year increase in diluted earnings per share (EPS) to $8.02. The company's revenue for the quarter also saw a significant rise, reaching $48.4 billion, a 21% increase compared to the same period in 2023.

Full-Year Financial Highlights

Meta's full-year revenue experienced a 22% jump, totaling $164.5 billion, with EPS escalating by 60% to $23.86. Despite these impressive figures, the social media titan has revised its revenue forecast for the first quarter of 2025, anticipating it to range between $39.5 billion and $41.8 billion. The company has chosen not to provide predictions for the entire year.

CEO Mark Zuckerberg's Vision

"We are making significant strides in AI, glasses, and the evolution of social media," stated Mark Zuckerberg, Meta's founder and CEO. He expressed enthusiasm about scaling these initiatives further in the upcoming year.