The numbers $40.58 billion: Meta’s Q3 revenue, up 19% YoY, narrowly topping Wall Street’s $40.3 billion estimate. 96%: The portion of Meta’s Q3 revenue driven by ad sales. This is a slight dip from Q2, when advertising accounted for 97% of its $36.5 billion in total revenue. $15.69 billion: Net income, up 35% YoY, or…
Meta Beats Revenue Expectations Amid AI Push, But Ad Sales Growth Slows
By |2024-10-30T18:33:42-07:00October 30th, 2024|News|Comments Off on Meta Beats Revenue Expectations Amid AI Push, But Ad Sales
Growth Slows
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