META Q4 Revenue Surges 24%, Shares Jump Over 4% After Hours

Strong Earnings Drive Share Price Surge

META's latest financial report shows Q4 revenue reached $59.89 billion, up 24% year-over-year, significantly surpassing market expectations of $58.42 billion. This highlights the company's continued growth and further consolidation of its market leadership.

Ad Revenue Shines

Advertising, the company's primary revenue driver, delivered $58.14 billion in Q4, also up 24% YoY. This growth reflects advertisers' continued confidence and investment in META's platforms.

Stable Financial Metrics

In terms of profitability, META achieved earnings per share of $8.88 in Q4, up from $8.02 in the same period last year. Operating profit stood at $24.75 billion, reflecting a 5.9% year-over-year increase.

• Quarterly Revenue: $59.89 billion (vs. expected $58.42 billion)
• Ad Revenue: $58.14 billion (vs. expected $56.79 billion)
• Earnings Per Share: $8.88 vs. $8.02 in prior year

Following the earnings release, META shares jumped over 4% in after-hours trading, signaling positive market sentiment toward the company's future prospects.