Meta Platforms Inc. projected stronger-than-expected holiday quarter sales, saying that the company’s heavy investments in artificial intelligence have also helped to improve its core advertising business.
Meta told investors Wednesday that revenue for the current quarter would be between $45 billion and $48 billion. Analysts were expecting fourth-quarter revenue of $46 billion.
{Categories} _Category: Applications{/Categories}
{URL}https://www.bloomberg.com/news/articles/2024-10-30/meta-sales-narrowly-beat-on-ai-boosting-advertising-revenue{/URL}
{Author}Kurt Wagner{/Author}
{Image}https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iWkNO1wHOXXc/v0/1200x-1.jpg{/Image}
{Keywords}NMS:META{/Keywords}
{Source}Applications{/Source}
{Thumb}{/Thumb}
