Meta released its third-quarter earnings, revealing weaker-than-expected user numbers and rising infrastructure expenses projected for 2025.

However, the company reported earnings per share of US$6.03, exceeding analyst forecasts of US$5.25.

It also reported a revenue of US$40.59 billion, slightly above the forecasted US$40.29 billion.

The company recorded a 19% increase in third-quarter sales and a 35% rise in net income to US$15.7 billion.

It reported 3.29 billion daily active users, a 5% year-over-year increase, but this was below the expected 3.31 billion.