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. reports recurring developments across its social, messaging, advertising, artificial intelligence, and immersive-technology businesses. The company’s core app ecosystem includes Facebook, Instagram, Messenger, and WhatsApp, and its revenue base is tied primarily to digital advertising across those services.
Meta news commonly covers quarterly and annual results, conference-call announcements, cash dividends on Class A and Class B common stock, AI infrastructure and data-center supply agreements, and product or technology updates. Company and shareholder communications also address content moderation, platform enforcement practices, youth-related scrutiny, and legal or regulatory matters in the United States and European Union.
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.