Business•OCT 24, 2024
Meta’s Q3 Ad Revenue Surges 19% Amid Strong Ad Market and Pricing Gains
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, reported a robust 19% year-over-year increase in advertising revenue for the third quarter of 2024, reaching $39.9 billion. This marks one of the company's strongest performances in recent quarters, signaling resilience in its core business despite ongoing regulatory challenges and increasing competition from emerging social media platforms.
