Meta (Nasdaq: META), formerly Facebook, announced its quarterly results that continued to outpace market expectations. Meta has been in the news recently as it pivots its stand on fact checking policies to align with the US government's views. Its continued investments in AI and future growth engines are helping its stock rise. The company's stock rose 1.5% in the afterhours trading session and has already gained more than 15% this year. Meta's Financials Meta's Q4 revenues grew 21% to $48.39 billion, ahead of the Street's expected $47.04 billion. Earnings came in at $8.02 per share, significantly ahead of the market's forecast of $6.77. Among key metrics, Daily Active People (DAP) grew 5% to 3.35 billion for December 2024. The Street was expecting 3.32 billion DAP for the quarter. Ad impressions delivered across its Family of Apps increased by 6% and average price per ad grew 14% for the fourth quarter. Advertising revenues grew from $38.7 billion last quarter to $46.8
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