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Meta (Facebook) META

$ 560.48 -1.18%

Quarterly report 2024-Q3
added 11-02-2024

report update icon

Country

usaUSA

IPO year

2012

Industry

Social internet

Stock Exchange

NASDAQ GLOBALSPB

CEO

Mr. Mark Zuckerberg

Employees in the company

56 653

Shares

2.57 B

Market Cap[1]

$ 1.44 T

EBITDA (LTM)

$ 41 B

P/E (LTM)

27.18

P/S (LTM)

-

EPS (LTM)

20.87

Meta is a technology company specializing in social media and online communication. It was founded in 2004 by Mark Zuckerberg and is headquartered in California.

Meta is known for its flagship product, Facebook, which is the largest social media platform in the world. The platform allows users to connect with friends and family, share content, and communicate with each other.

In addition to Facebook, Meta also owns several other popular social media platforms such as Instagram and WhatsApp. These platforms allow users to share photos and videos, send messages, and connect with others around the world.

Meta is constantly innovating and developing new technologies to improve the user experience on its platforms. For example, the company is currently working on virtual reality and augmented reality technologies that could revolutionize the way people interact online.

Despite its success, Meta has faced criticism over issues such as privacy and misinformation on its platforms. The company is working to address these concerns and improve the safety and security of its users.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.