November 1, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

Meta Beats Revenue Expectations Amid AI Push, But Ad Sales Growth Slows

The numbers $ 40.58 billion: Meta’s Q3 revenue, up 19% YoY, narrowly topping Wall Street’s $ 40.3 billion estimate. 96%: The portion of Meta’s Q3 revenue driven by ad sales. This is a slight dip from Q2, when advertising accounted for 97% of its $ 36.5 billion in total revenue. $ 15.69 billion: Net income, up 35% YoY, or…
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