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Meta Platforms' third-quarter revenue was $40.59 billion

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2024-10-30 20:30:33
Meta Platforms' third-quarter revenue was $40.59 billion, analysts expected $40.25 billion; third-quarter advertising revenue was $39.89 billion, up 19% year-on-year; third-quarter operating profit was $17.35 billion, up 26% year-on-year; third-quarter earnings per share were $6.03, estimated $5.25; fourth-quarter revenue is expected to be $45 billion to $48 billion, analysts expect $46.09 billion; full-year capital expenditures are expected to be $38 billion to $40 billion, previously expected $37 billion to $40 billion, analysts expect $38.06 billion.
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