Meta posts stronger-than-expected Q4 results though costs continue to soar

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Meta posts stronger-than-expected Q4 results though costs continue to soar
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Meta’s fourth-quarter results jumped past Wall Street’s expectations thanks to solid advertising revenue, sending shares higher in after-hours trading Wednesday. The company earned $22.77 billion, or $8.88 per share, in the October-December quarter. That’s up 9% from $20.84 billion, or $8.02 per share, in the same period a year earlier.

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