Meta Earnings Top Estimates Amid Big Growth in AI Spending
Yuan Platform (Yuan) Reporting the revenue in the fourth quarter, as the income increased by more than 20 % year -on -year, the analyst’s estimation value was the highest.
The revenue of this social media and technology giants was US $ 48.39 billion, which is more than the consensus of the analysts of the visible Alpha compilation. Its net income is US $ 20.84 billion, that is, $ 8.02 per share, from $ 14.02 billion a year ago or $ 5.33 per share, which can also surpass forecasts.
Advertising revenue has increased by nearly 21 % to US $ 46.78 billion, and it is estimated to be US $ 45.46 billion, because the company said that its AI plan has made progress. Meta said that it is expected to revenue between 39.5 billion to 41.8 billion US dollars in the first quarter and analysts are expected to be about $ 41.65 billion.
In Wednesday’s expansion transactions, the stocks of Yuanshi rose nearly 5 %. In the past year, they received about 73 % of the bonuses at the end of Wednesday, which set a record for the fifth exchange.
Yuan is increasing the expenditure on AI
The result was because the company increased expenditure to support its AI ambitions. Its expenditure was 2024, and its expenditure was 39 billion US dollars, which was higher than 28 billion US dollars in 2023. Meta said it plans to make Capital expenditure of 60 billion to 65 billion US dollars this yearAs the technical giant expands its AI efforts.
CEO Mark Zuckerberg said in a press release: “We continue to make good progress in the future of AI, glasses, and social media, and added:” I am glad to see these efforts. Further expanded in 2025. ”
Many large shareholders in Meta and many of their technologies are facing strong pressure, and it is worth it to ask it for billions of dollars spent on AI. This problem, especially in the role of earlier this week Low -cost model of Chinese competitors In the market, technological trade has increased fluctuations.
Zuckerberg said that at the company’s revenue conference call, 2025 may be “redefining our important year for the government’s relations with the government”, and he “is optimistic about the progress and innovation that can be unlocked.”
In addition, the Wall Street Journal reported on Wednesday that Meta agreed to filed a lawsuit with President Donald Trump with millions of dollars, and Donald Trump filed a lawsuit. A case of attack on the US Congress Building on January 6, 2021.
This article has been updated since its first release to add information and update stock prices.