Welcome to our dedicated page for Meta Platforms news (Ticker: META), a resource for investors and traders seeking the latest updates and insights on Meta Platforms stock.
Meta Platforms Inc. (META) operates at the intersection of social connectivity and technological innovation, driving advancements in digital advertising, AI, and immersive technologies. This page serves as the definitive source for Meta-related news, offering investors and analysts timely updates directly from corporate communications and verified industry reports.
Access curated press releases covering quarterly earnings, product launches like VR initiatives, and strategic partnerships. Our aggregation includes regulatory filings, leadership updates, and analysis of Meta's evolving role in shaping global digital ecosystems.
Key updates focus on advertising revenue trends, Reality Labs developments, and platform policy changes. Bookmark this page to monitor how Meta's investments in AI infrastructure and metaverse technologies impact its market position.
Facebook reported strong Q1 2021 results with total revenue reaching $26.17 billion, a 48% increase year-over-year. Advertising revenue surged 46% to $25.44 billion, attributed to a 30% rise in average ad price. Net income rose 94% to $9.5 billion, resulting in diluted EPS of $3.30. Active users also grew, with 1.88 billion daily active users, up 8% year-over-year. However, the company anticipates challenges from regulatory changes and expects total expenses to be between $70-73 billion in 2021.
Facebook, Inc. (NASDAQ: META) will release its first quarter 2021 financial results on April 28, 2021, after market close. A conference call to discuss the results is scheduled for 2 p.m. PT / 5 p.m. ET on the same day, accessible through the Facebook Investor Relations website. Following the call, a replay will be available for a week. The company emphasizes its commitment to transparency by using its investor website and CEO Mark Zuckerberg's page for disclosures.
On March 15, 2021, Mark Zuckerberg announced that Facebook aims to assist 50 million people in accessing COVID-19 vaccines through various initiatives. The platform will launch a tool showing vaccination locations and appointment links, expand its COVID-19 Information Center to Instagram, and utilize WhatsApp for vaccine registration in partnership with health authorities. Facebook has already connected over 2 billion individuals to COVID-19 information and is working to provide real-time vaccine trends to public officials. These efforts underscore Facebook's commitment to enhancing vaccine accessibility and combating misinformation.
Facebook announced participation in the Morgan Stanley Technology, Media & Telecom Conference on March 2, 2021. COO Sheryl Sandberg and CFO David Wehner will present at the event at 11 a.m. Pacific Time. A live webcast will be available on Facebook's Investor Relations website. This event highlights Facebook's commitment to engaging with investors and stakeholders. The company, founded in 2004, aims to connect people and support communities through its platforms.
Facebook reported strong financial results for Q4 and full year 2020, with total revenue of $28.07 billion, a 33% increase year-over-year, and net income of $11.22 billion, up 53%. Advertising revenue surged by 31%, reaching $27.19 billion. Daily active users rose to 1.84 billion, marking an 11% increase. The company announced a $25 billion stock repurchase authorization. However, it faces uncertainties in 2021, including potential impacts from iOS 14 changes and regulatory challenges in Europe. Total expenses for the year are projected between $68-73 billion.
On January 5, 2021, Facebook announced the upcoming release of its fourth quarter and full year 2020 financial results scheduled for after market close on January 27, 2021. The company will host a conference call at 2 p.m. PT / 5 p.m. ET to discuss these results, accessible via its Investor Relations website. A replay of this call will be available for one week, alongside transcripts from discussions held with equity research analysts.
Facebook reported strong financial results for Q3 2020, with total revenue reaching $21.47 billion, a 22% increase from Q3 2019. Advertising revenue comprised $21.22 billion, also reflecting a 22% year-over-year rise. Net income rose by 29% to $7.85 billion, translating to diluted EPS of $2.71, up 28%. However, total costs and expenses increased by 28% to $13.43 billion. Daily active users (DAUs) averaged 1.82 billion, a 12% year-over-year growth. Looking ahead, Facebook anticipates challenges in 2021 due to regulatory pressures and shifts in online commerce.
Facebook, Inc. (NASDAQ: META) will release its third quarter 2020 financial results after market close on October 29, 2020. A conference call to discuss these results is scheduled for 3 p.m. PT / 6 p.m. ET on the same day. Investors can access the live webcast and related materials on the Facebook Investor Relations website. Following the call, a replay will be available for one week. The company emphasizes transparency by using its investor and newsroom websites for disclosing material non-public information.
Facebook reported its financial results for Q2 2020, highlighting a 98% increase in net income to $5.18 billion and a 10% rise in advertising revenue, totaling $18.32 billion. Daily active users reached 1.79 billion, up 12% year-over-year, while monthly active users grew to 2.70 billion. The company anticipates continued macroeconomic uncertainty affecting ad revenue but expects total expenses for 2020 to range between $52 billion and $55 billion. Capital expenditures are projected at $16 billion, with a focus on data center construction.
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