Facebook (META) reports $4.4 billion loss at Reality Labs in Q3 2024
The Meta company's losses on Reality Labs were just about the same between Q2 and Q3 2024.
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The Meta company's losses on Reality Labs were just about the same between Q2 and Q3 2024.
Facebook's parent company managed to top expectations for both EPS and revenue this quarter.
The number is up five percent from this time in 2023.
Tune in for more information out of Facebook's Q3 2024 earnings report.
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Facebook, Instagram, and WhatsApp combined for 3.27 billion DAUs for parent company Meta in Q2 2024.
Reality Labs' losses continue with no expectations that will change any time soon.
Facebook posted a massive beat on all fronts for its latest financial quarter.
Mark Zuckerberg and other Facebook execs will discuss the company's latest round of earnings.
Meta is planning to crank up its AI spending in 2024.