Meta Platforms, Inc. (NASDAQ:META) Q3 2024 Earnings Call Transcript October 30, 2024 5:00 PM ET

Company Participants

Kenneth Dorell – Director of IR
Mark Zuckerberg – Founder, Chairman and Chief Executive Officer
Susan Li – Chief Financial Officer

Conference Call Participants

Brian Nowak – Morgan Stanley
Eric Sheridan – Goldman Sachs
Douglas Anmuth – JPMorgan
Justin Post – Bank of America
Ross Sandler – Barclays
Ronald Josey – Citi
Ken Gawrelski – Wells Fargo Securities
Youssef Squali – Truist Securities
Mark Mahaney – Evercore ISI

Operator

Good afternoon. My name is Krista and I will be your conference operator today. At this time, I would like to welcome everyone to the Meta Third Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions] This call will be recorded. Thank you very much. Kenneth Dorell, Meta’s Director of Investor Relations, you may begin.

Kenneth Dorell

Thank you. Good afternoon and welcome to Meta Platform’s Third Quarter 2024 Earnings Conference Call. Joining me today to discuss our results are Mark Zuckerberg, CEO, and Susan Li, CFO. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements. Actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are set forth in today’s earnings press release and in our Quarterly Report on Form 10-Q, filed with the SEC. Any forward-looking statements that we make on this call are based on assumptions as of today and we undertake no obligation to update these statements as a result of new information or future events.

During this call, we will present both GAAP and certain non-GAAP financial

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