Meta (Meta)) Wednesday of the fourth quarter results This beat expectations while the company provides for a slowdown in income growth during the current quarter and said that spending in 2025 would increase more quickly than last year.
The actions of the company increased by more than 4% at the start of negotiations Thursday, reversing the initial losses after the publication of the results.
The social media giant declared a profit per share of the fourth quarter of $ 8.02 on a turnover of $ 48.4 billion, higher than the expectations for BPA reaching $ 6.75 on a figure of Affairs of $ 46.9 billion, according to Bloomberg estimated.
For the full year, the company’s net income totaled $ 62.4 billion, up 59% compared to the $ 39.1 billion as last year.
In the first quarter, however, the company saw income between $ 39.5 billion and $ 41.8 billion, reflecting growth of 8% to 15% compared to the period of the previous year. In the fourth quarter, income increased by 21% compared to last year. For the full year 2024, revenues totaled $ 164.5 billion, up 22% compared to last year.
Meta has also refused to offer a full income forecast, saying: “We expect the investments we make in our core business this year will allow us to continue to offer strong income growth throughout from 2025. “
Wednesday’s report comes less than a week after CEO Mark Zuckerberg has announced meta-plans for Spend between $ 60 billion and $ 65 billion On AI’s infrastructure projects this year, including the construction of a data center which, according to the executive, is so large that its imprint will cover a large part of Manhattan.
The company had previously projected $ 38 billion to $ 40 billion in capital spending in 2024, against prior estimates from 37 billion to $ 40 billion.
Meta’s announcement also follows a massive sale in AI actions on Monday fed by Wall Street fears about Deepseek claims that she produced an AI model that can compete with the best of Silicon Valley for a fraction of the cost.
Zuckerberg, however, minimized all concerns about the offers of the company based in China.
“I think there are a number of new things they have made that I think we are still digesting, and there are a number of things they have … that we hope to implement in Our systems, “he said.
In his communication on Wednesday, the financial director Susan Li said that expenses for 2025 should fall from $ 114 billion to $ 119 billion, compared to $ 95.1 billion in 2024.
“We expect the largest expenditure growth engine in 2025 to be infrastructure costs, driven by an increase in operating expenses and damping,” said Li.
“We expect the remuneration of employees to be the second factor because we add technical talents to the priority fields of infrastructure, monetization, reality laboratories, generative artificial intelligence (AI), as well as regulations and compliance. “
