Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 10:30:00 03/07/2024 pm IST			Pre-market 06:04:16 pm
510 ^USD	+0.09%		512.2	+0.44%

01:06pm	European regulators crack down on Big Tech	RE
12:00pm	Wall St Week Ahead-Earnings season to test hopes for broader stocks rally	RE

Facebook, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 30, 2020 at 02:35 am IST

Facebook, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was USD 21,082 million compared to USD 16,914 million a year ago. Net income was USD 7,349 million compared to USD 6,882 million a year ago. For the full year, sales was USD 70,697 million compared to USD 55,838 million a year ago. Net income was USD 18,485 million compared to USD 22,112 million a year ago.

Latest news about Meta Platforms, Inc.

European regulators crack down on Big Tech	04:36pm	RE
Wall St Week Ahead-Earnings season to test hopes for broader stocks rally	03:30pm	RE
Pakistan's Punjab seeks social media ban on security concerns	02:06pm	RE
ETF of the week: Investing in strong trends with the momentum theme	04/07
Canada Enacts Digital-services Tax Despite U.S. Retaliation Threat	04/07	MT
Ambani's Reliance to launch IPO-bound Shein in India, ET reports	04/07	RE
Meta's Threads hits 175 million users ahead of one-year anniversary	03/07	RE
Opera Limited : Google for Gamers?	03/07
Sector Update: Tech Stocks Gain Wednesday Afternoon	03/07	MT
Meta's Threads Has More Than 175 Million Monthly Active Users, Zuckerberg Says	03/07	MT
Meta's Threads hits over 175 mln monthly active users, Zuckerberg says	03/07	RE
Meta's Oversight Board Names Pamela San Martin Co-Chair	03/07	MT
Meta Oversight Board Says Pamela San Martin Appointed Co-Chair Of Oversight Board - X Post	03/07	RE
Sector Update: Tech Stocks Higher Late Afternoon	03/07	MT
Sector Update: Tech	03/07	MT
Meta to end ban on the word 'shaheed' on oversight board's recommendations	02/07	RE
Meta 'Investing Significantly' in Games-Related Generative AI	02/07	MT
Wall St edges lower as Powell signals caution; Tesla jumps after delivery data	02/07	RE
New Zealand to Proceed With Bill Requiring Tech Platforms to Pay for Local Media Content	02/07	MT
Australia's eSafety Commissioner Gives Tech Firms Six Months to Draft Child-Safety Codes for Graphic Content	02/07	MT
European regulators crack down on Big Tech	02/07	RE
Meta Platforms Insider Sold Shares Worth $8,661,637, According to a Recent SEC Filing	02/07	MT
Meta Platforms Insider Sold Shares Worth $8,600,855, According to a Recent SEC Filing	02/07	MT
MORNING BID EUROPE-Decision day for far right's rivals	02/07	RE
New Zealand to press ahead with media content pay law	02/07	RE

Chart Meta Platforms, Inc.

Duration

Period

More charts

Company Profile

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ; - sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Sector

Internet Services

Calendar

31/07/2024 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

510 USD

Average target price

523.8 USD

Spread / Average Target

+2.72%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Social Media & Networking

	1st Jan change	Capi.
META PLATFORMS, INC.	+44.07%	1,294B
TENCENT MUSIC ENTERTAINMENT GROUP	+65.82%	23.29B
MATCH GROUP, INC.	-19.12%	7.84B
WEIBO CORPORATION	-24.02%	2.02B
BUMBLE INC.	-34.19%	1.22B
NEXTDOOR HOLDINGS, INC.	+35.98%	1B
GREE, INC.	-5.26%	575M
NEW WORK SE	-15.99%	400M
ZIGEXN CO., LTD.	+9.79%	369M
VK COMPANY LIMITED	-.--%	204M

Social Media & Networking

Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

Facebook, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

EPS Revisions