Meta Q3 revenue $40.6B (+19% YoY), EPS $6.03 (+37%), Q4 revenue guidance $45-48B

Meta Platforms, Inc.

2024-Q3 EPS reported $15.88 revenue$116,116,000,000

Net income $15.7B, up 35% YoY; diluted EPS $6.03 vs $4.39 a year ago.
Ad impressions +7% YoY, average price per ad +11% YoY; Family DAP 3.29B (+5%).
Costs and expenses $23.2B (+14%); operating margin 43% vs 40%.
Q4 2024 revenue guidance $45-48B; full-year expense forecast narrowed to $96-98B.
FY 2024 capex guidance raised to $38-40B; expects significant capex growth in 2025.

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