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Meta earnings: See the social media giant's financial history, dividends, and growth expected from projections
- Meta Platforms, the parent company of Facebook and Instagram, released its fourth-quarter earnings report, surpassing analyst expectations with revenue of $48.39 billion.
- CEO Mark Zuckerberg plays a vital role in reporting Meta's financial status to shareholders during earnings calls.
- The company addressed concerns about AI spending and competition from Chinese company DeepSeek during the earnings conference call.
- Meta exceeded revenue expectations in both the third and fourth quarters of 2024, driven by strong advertising performance.
- Despite revenue success, Meta faced challenges with user growth not meeting expectations, affecting investor sentiment.
- The company's focus on AI investment and the development of AI-powered products is a key strategy to drive growth.
- Meta's stock experienced fluctuations following earnings calls, with investors closely monitoring the company's performance.
- Mark Zuckerberg emphasized Meta's commitment to AI advancement and highlighted partnerships like the one with Ray-Ban.
- Meta's earnings history reflects its transition towards AI-driven technologies and the potential impact of the ongoing anti-trust lawsuit on its business.
- Investors will be looking towards Meta's next earnings report on April 30 for further insights into the company's financial outlook.
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