As a seasoned gamer with memories of dial-up internet and AOL Instant Messenger etched deep within my gaming heart, I can’t help but marvel at the colossal strides technology has made since those early days. Today, I find myself astounded by the numbers Meta reported in their Q3 2024 earnings – a whopping 3.29 billion daily active people across its family of apps!
On Wednesday, Meta Platforms Inc., Facebook’s parent company, disclosed its earnings for the quarter. Apart from revealing revenue figures, they also shared an update on their global user base within their collection of apps. As of Q3 2024, Meta reported that a total of 3.29 billion individuals actively use their applications each day.
Based on Meta’s Q3 2024 earnings report, their apps’ Daily Active People (DAP) count was approximately 3.29 billion in September 2024. This represents a 5% rise compared to the same period last year, but it fell short of the 3.31 billion users predicted by financial analysts. The total includes users from Facebook, Instagram, and Threads. Meta anticipates a generally optimistic Q4 financial projection, although they are bracing for potential regulatory challenges in the near future.
Furthermore, we’re keeping a close eye on the dynamic legal and regulatory environment, especially the growing challenges in Europe and the United States. These potential changes might have a substantial effect on our operations and our financial performance.
To gain a deeper understanding of Meta’s latest financial quarter, you can tune into their Q3 2024 earnings discussion which is scheduled to take place at 2 p.m. Pacific Time/5 p.m. Eastern Time. For those eager to attend, the event will be streamed on the Shacknews Twitch channel. If you miss it live, don’t worry as it will also be available on-demand later in the day on the Shacknews YouTube channel.
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2024-10-30 23:57