"We continue to make significant progress when it comes to AI, glasses, and the future of social media", says CEO and founder Mark Zuckerberg in a comment.
The revenue for the quarter was 48.4 billion dollars. This can be compared to the expected 47.0 billion dollars, according to Bloomberg's compilation of forecasts.
Meta's earnings per share for the quarter were 8.02 dollars, compared to the analysts' average forecast of 6.78 dollars per share.
For the full year, revenue increased by 22 percent to 164.5 billion dollars compared to the previous year. Earnings per share increased by 60 percent to 23.86 dollars.
For the coming year, the company expresses uncertainty in the report regarding "legal and regulatory headwinds" in the EU and the US "that can significantly affect our business and financial results".
Meta's share fell as much as 6 percent in after-hours trading on Wall Street but then rose to around 2 percent plus.
