Meta's profits growth in the last 3 months - Sadahadhramowt | News

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الجمعة، 2 فبراير 2024

Meta's profits growth in the last 3 months

Washington - Agencies:

 The American company "Meta" announced that it achieved profits amounting to $14 billion in the last three months of the past year 2023, exceeding analysts' expectations.


 Mark Zuckerberg, head of Meta, the technology giant that owns Facebook and Instagram, said in a statement that revenues rose to $40.1 billion in this quarter, as about 3.1 billion people used the social network monthly...noting that the last quarter was good as our society and businesses continued.  In growth.


 Meta shares rose more than 12 percent to reach $445 in after-hours trading.


 The profits come with the 20th anniversary of Facebook's founding and Zuckerberg's appearance before Congress.


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