30-01-2025 01:41 via theguardian.com

Meta posts robust fourth-quarter earnings amid DeepSeek mania

Mark Zuckerberg tells analysts ‘this is going to be a really big year’ as company sees quarterly revenues of $48.39bnAfter an unprecedented delay, Meta reported earnings more than half an hour after market close on Wednesday. The company posted $48.39bn in fourth-quarter revenue and earnings per share of $8.02, handily beating Wall Street projections of $46.9bn and $6.75 in earnings-per-share.“We continue to make good progress on AI, glasses and the future of social media,&rdqu
Read more »