Meta earnings top expectations as company forecasts higher costs, AI investments in year ahead

Meta earnings top expectations as company forecasts higher costs, AI investments in year ahead

Meta (META) reported fourth quarter earnings Wednesday that beat expectations while the company forecasted a slowdown in revenue growth in the current quarter and said expenses in 2025 would grow faster than last year.

Shares of the company initially fell 4% in after hours trading following the results, but were up about 1% near 5:00 p.m. ET.

The social media giant reported fourth quarter earnings per share of $8.02 on revenue of $48.4 billion, higher than expectations for EPS to reach…

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