Article 6TXGZ Meta posts robust fourth-quarter earnings amid DeepSeek mania

Meta posts robust fourth-quarter earnings amid DeepSeek mania

by
Johana Bhuiyan
from Technology | The Guardian on (#6TXGZ)

Mark Zuckerberg tells analysts this is going to be a really big year' as company sees quarterly revenues of $48.39bn

After an unprecedented delay, Meta reported earnings more than half an hour after market close on Wednesday. The company posted $48.39bn in fourth-quarter revenue and earnings per share of $8.02, handily beating Wall Street projections of $46.9bn and $6.75 in earnings-per-share.

We continue to make good progress on AI, glasses and the future of social media," said Mark Zuckerberg, Meta founder and CEO. I'm excited to see these efforts scale further in 2025."

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