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Meta posts stronger-than-expected Q4 results though costs continue to soar
['Abc News']
ABC News: Business
(AP Photo/Jeff Chiu, File)FILE -A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025.
(AP Photo/Jeff Chiu, File)FILE -A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025.
(AP Photo/Jeff Chiu, File)FILE -A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025.
For 2026, Meta is forecasting expenses in the range of $162 billion to $169 billion, driven by infrastructure costs and employee compensation.
Shares of the Menlo Park, California-based company rose $27.28, or 4.1%, to $696.01 in after-hours trading.