FB • NASDAQ
Meta Platforms Inc
$193.54
After Hours:
$193.70
(0.083%)+0.16
Closed: May 20, 7:59:00 PM GMT-4 · USD · NASDAQ · Disclaimer
Most activeStockUS listed security
Previous close
$191.29
Day range
$187.87 - $197.91
Year range
$169.00 - $384.33
Market cap
523.78B USD
Volume
34.66M
P/E ratio
14.65
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financial performance
(USD)Mar 2022Year/year change
Revenue
27.91B6.64%
Net income
7.46B-21.40%
Diluted EPS2.72-17.58%
Net profit margin26.75%-26.29%
Operating income8.52B-25.08%
Net change in cash-1.51B-178.06%
Cash and equivalents14.89B-23.71%
Cost of revenue6.00B17.03%
About
Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta is one of the world's most valuable companies. It is considered one of the Big Five American information technology companies, alongside Google, Amazon, Apple, and Microsoft. Meta products and services include Facebook, Messenger, Facebook Watch, and Facebook Portal. It has also acquired Oculus, Giphy, Mapillary, Kustomer, Presize and has a 9.99% stake in Jio Platforms. In 2021, the company generated 97.5% of its revenue from the sale of advertisement placements to marketers. In October 2021, media outlets reported that the parent company of Facebook planned to change its name to "reflect its focus on building [what it refers to as] the metaverse". According to Meta, the "metaverse" refers to the integrated environment that links all of the company's products and services. It was rebranded as Meta later that month on October 28. Wikipedia
Founded
Feb 2004
Employees
77,805
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