META Q4 revenue up 24% year-on-year, shares rise over 4% after hours
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Jinse Finance reported that META's fourth quarter revenue was $59.89 billion, a year-on-year increase of 24%, with an estimated $58.42 billion; fourth quarter advertising revenue was $58.14 billion, a year-on-year increase of 24%, with an estimated $56.79 billion; fourth quarter earnings per share were $8.88, compared to $8.02 in the same period last year; fourth quarter operating profit was $24.75 billion, a year-on-year increase of 5.9%. META shares rose more than 4% after hours.
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