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Meta reports upbeat quarterly revenue

ReutersJan 29, 2025 9:42 PM

- Meta Platforms META.O beat Wall Street estimates for holiday-quarter revenue on Wednesday, signaling its artificial intelligence-powered marketing tools were continuing to attract advertising spend across its social media platforms.

The company reported record revenue of $48.39 billion for the fourth quarter, compared with analysts' average estimate of $47.03 billion, according to LSEG data.

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