Meta slo forventningene i tredje kvartal

Meta, the leading social media company, has released its third quarter financial results, surpassing analyst expectations. CEO Mark Zuckerberg stated that the company's investments are paying off as the core business remains strong, and they are seeing growth across the board. Zuckerberg expressed hope for a positive fourth quarter, with revenue forecasts ranging between $73 and $76 billion.

The company expects to announce between $73 and $76 billion in revenue for the fourth quarter, which aligns with earlier analyst estimates. In addition to financial results, Meta disclosed a metric called DPA (daily active people), which stood at 3.64 billion in September. Facebook's parent company reported its best Wall Street performance since 2022, with its stock gaining 3% on the market following the announcement.

The surge in Meta's stock price in September can be attributed to the successful launch of AI agent Muse, which the company hopes will generate revenue and drive growth. Zuckerberg noted that Meta has reached significant milestones in its quest to deliver personal superintelligence to all, including the launch of Muse and Muse Wonder, its first front model.

Looking ahead, Meta has committed to providing 12 months of earnings forecasts, which are the second cheapest among tech giants, behind Nvidia. The company invested $34.9 billion in the third quarter, including debt repayments on financial lease agreements. Meta expects to incur investment costs ranging between $135 and $145 billion for 2026, a narrower range than previously projected between $130 and $145 billion.