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Meta reports upbeat quarterly revenue
Jan 29, 2025 2:05 PM

Jan 29 (Reuters) - Meta Platforms ( META ) beat Wall

Street estimates for holiday-quarter revenue on Wednesday,

signaling its artificial intelligence-powered marketing tools

were continuing to attract advertising spend across its social

media platforms.

The company reported record revenue of $48.39 billion for

the fourth quarter, compared with analysts' average estimate of

$47.03 billion, according to LSEG data.

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