EPISODE · Jan 30, 2025 · 1 MIN
Meta Platforms, Inc. (META), 2024 Q4 earnings digest
from Earnings Report Digest · host ValueVerge
$META has released its Q4 2024 earnings, showcasing strong growth as total revenue reached $48.4 billion, up 21% YoY, with a notable operating income margin of 48%. However, expenses rose 5% with increased infrastructure costs as a key factor. Financial health is solid, with $77.8 billion in cash/assets vs. $28.8 billion in debt.
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Meta Platforms, Inc. (META), 2024 Q4 earnings digest
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