Meta reports drastic increase in Q4, full-year results

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Roffie Kurniawan, New York Readers
- February 2 ,2024
META Platform announced full-year 2023 strong financial results.
META Platform announced full-year 2023 strong financial results.

The company said it will continue to monitor the active regulatory landscape, including the increasing legal and regulatory headwinds in the EU and the U.S. that could significantly impact the company’s business and financial results.

The company noted that the Federal Trade Commission is seeking to substantially modify its existing consent order and impose additional restrictions on its ability to operate.  The company is contesting this matter, but if it is unsuccessful it would have an adverse impact on the company's business. (*)

 

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Editor: Roffie Kurniawan

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