Get the latest gossip

Meta Beats Estimates With Strong Q4 Revenue Growth; Tech Giant Declares Dividend


Following a day in which CEO Mark Zuckerberg took a drubbing at a Senate hearing, Meta today reported strong revenue growth that beat expectations. The company also declared a cash dividend of $0.5…

Following a day in which CEO Mark Zuckerberg took a drubbing at a Senate hearing, Meta today reported strong revenue growth that beat expectations. Revenue for the three months ended Dec. 31 climbed 25% to $40.1 billion, driven by growth in ad impressions across its platforms. “We had a good quarter as our community and business continue to grow,” Zuckerberg said in a statement.

Get the Android app

Or read this on Deadline

Read more on:

Photo of Meta

Meta

Related news:

News photo

Meta Hits Record Revenue of $40.1 Billion in Q4, as Facebook and Other Apps Now Reach Nearly 4 Billion People Monthly

News photo

Mark Zuckerberg Addresses Families Of Victims Of Online Child Exploitive Content After Senator Presses Him To Apologize — Update

News photo

Doja Cat to stage first ever VR concert for her Scarlet arena tour in partnership with Meta