Meta Platforms Q3 Family Daily Active People 3.29B On Average For Sept. 2024, Up 5% YoY
Portfolio Pulse from Benzinga Newsdesk
Meta Platforms reported a 5% year-over-year increase in Family Daily Active People, reaching 3.29 billion on average for September 2024.
October 30, 2024 | 8:11 pm
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Meta Platforms reported a significant 5% year-over-year growth in Family Daily Active People, reaching 3.29 billion in September 2024. This indicates strong user engagement and potential for increased ad revenue.
The 5% increase in daily active users suggests strong user engagement, which is crucial for Meta's ad revenue model. This growth can positively impact Meta's financial performance and stock price in the short term.
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