16:26 - 30.01.2025

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January 30, Fineko/abc.az. Meta has reported fourth-quarter earnings that beat the average expectations of Wall Street analysts, but forecasts a slowdown in revenue growth in the current quarter and says expenses will grow faster in 2025 than last year.

ABC.AZ informs that according to company's financial statements, earnings per share in the 4th quarter amounted to $8.02 on revenue of $48.4 bn, while analysts surveyed by Bloomberg expected $6.75 per share and $46.9 bn, respectively.

For the full year, company's net profit amounted to $62.4 bn (59% more than in 2023).