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Meta Platforms Inc (META)

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441.38 -52.12    -10.56%
25/04 - Closed. Currency in USD ( Disclaimer )
Pre Market
445.10
+3.72
+0.84%
5:21:56 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 81,834,207
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 414.50 - 445.77
Meta Platforms 441.38 -52.12 -10.56%

NASDAQ:META Financials

 
A brief overview of the NASDAQ:META financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Facebook over time.

Meta Platforms, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 36,455 million compared to USD 28,645 million a year ago. Net income was USD 12,369 million compared to USD 5,709 million a year ago. Basic earnings per share from continuing operations was USD 4.86 compared to USD 2.21 a year ago. Diluted earnings per share from continuing operations was USD 4.71 compared to USD 2.2 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

META Income Statement

Gross margin TTM 81.4%
Operating margin TTM 37.21%
Net Profit margin TTM 28.98%
Return on Investment TTM 27.38%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 36455 40111 34146 31999
Gross Profit 29815 32509 27949 26012
Operating Income 13818 17533 14128 10172
Net Income 12369 14017 11583 7788

META Balance Sheet

Quick Ratio MRQ 1.91
Current Ratio MRQ 2.68
LT Debt to Equity MRQ 7.95%
Total Debt to Equity MRQ 22.65%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 222844 229623 216274 206688
Total Liabilities 73315 76455 73401 72655
Total Equity 149529 153168 142873 134033

META Cash Flow Statement

Cash Flow/Share TTM 29.95
Revenue/Share TTM 55.98
Operating Cash Flow  68.49%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 19246 19404 20402 17309
Cash From Investing Activities -8734 -6472 -6077 -5203
Cash From Financing Activities -19767 -8401 -5875 5292
Net Change in Cash -9543 4927 8096 17384
* In Millions of USD (except for per share items)
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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

 
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META Comments

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Innas Aborziza
Innas Aborziza 10 hours ago
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Meat -10😩
Kenneth Sam
Kenneth Sam 10 hours ago
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work from home
Kenneth Sam
Kenneth Sam 10 hours ago
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meta 441.38
Leo Chabert
Leo Chabert 11 hours ago
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I can see META pushing 460 tomorrow, 470 maybe
Aris Deltona
Aris Deltona 12 hours ago
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Meta is only buy (for the moment). 2days ByteDance announcement might lead it above 500$ pretty soon.
محمد درهم
محمد درهم 12 hours ago
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very excited
13 hours ago
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Meta sucks. Buy $GOOGL and get rich.
Caho Trader
Caho Trader 14 hours ago
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Buy Intel...
Caho Trader
Caho Trader 14 hours ago
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Above 440 i short massive... Lets go under 400...
Caho Trader
Caho Trader 14 hours ago
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I will add short at every 5 dolar up until 460...stop loss 480... Tp 375...
Cristian Catalan
Cristian Catalan 12 hours ago
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You can go short alone.
wdelboy wdelboy
wdelboy wdelboy 15 hours ago
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Hold and reap rewards . According to Canaccord Genuity, Meta Platforms, Inc. (NASDAQ: NASDAQ:META), Snap Inc . (NYSE: NYSE:SNAP), and Alphabet (NASDAQ:GOOGL) Inc. (NASDAQ: GOOGL, GOOG) are poised to gain from the situation. The firm suggests that Meta could potentially attract the most significant portion of the time and advertising spend that might shift away from TikTok. They also note that any advertising budget reallocation to Snapchat could be particularly impactful for the platform.
 
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