Meta Q3 Revenue Hits Record $40.6 Billion, Company Expects ‘Significant’ Increase in Capital Spending in 2025
30 October 2024 at 20:40
Meta, the most massive social media company on the planet, keeps growing bigger. The parent company of Facebook and Instagram reported Q3 2024 revenue of $40.58 billion, a quarterly record, up a healthy 19% year over year. Net income was $15.69 billion — an increase of 35% and also a quarterly record — translating to […]