Technology
Meta Reports Third Quarter 2024 Results
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3 hours agoon
By
MENLO PARK, Calif., Oct. 30, 2024 /PRNewswire/ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
“We had a good quarter driven by AI progress across our apps and business,” said Mark Zuckerberg, Meta founder and CEO. “We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses.”
Third Quarter 2024 Financial Highlights
Three Months Ended September 30,
% Change
In millions, except percentages and per share amounts
2024
2023
Revenue
$ 40,589
$ 34,146
19 %
Costs and expenses
23,239
20,398
14 %
Income from operations
$ 17,350
$ 13,748
26 %
Operating margin
43 %
40 %
Provision for income taxes
$ 2,134
$ 2,437
(12) %
Effective tax rate
12 %
17 %
Net income
$ 15,688
$ 11,583
35 %
Diluted earnings per share (EPS)
$ 6.03
$ 4.39
37 %
Third Quarter 2024 Operational and Other Financial Highlights
Family daily active people (DAP) – DAP was 3.29 billion on average for September 2024, an increase of 5% year-over-year.Ad impressions – Ad impressions delivered across our Family of Apps increased by 7% year-over-year.Average price per ad – Average price per ad increased by 11% year-over-year.Revenue – Total revenue was $40.59 billion, an increase of 19% year-over-year. Revenue on a constant currency basis would have increased 20% year-over-year.Costs and expenses – Total costs and expenses were $23.24 billion, an increase of 14% year-over-year.Capital expenditures – Capital expenditures, including principal payments on finance leases, were $9.20 billion.Capital return program – Share repurchases were $8.86 billion of our Class A common stock and total dividend and dividend equivalent payments were $1.26 billion.Cash, cash equivalents, and marketable securities – Cash, cash equivalents, and marketable securities were $70.90 billion as of September 30, 2024. Free cash flow was $15.52 billion.Long-term debt – Long-term debt was $28.82 billion as of September 30, 2024.Headcount – Headcount was 72,404 as of September 30, 2024, an increase of 9% year-over-year.
CFO Outlook Commentary
We expect fourth quarter 2024 total revenue to be in the range of $45-48 billion. Our guidance assumes foreign currency is approximately neutral to year-over-year total revenue growth, based on current exchange rates.
We expect full-year 2024 total expenses to be in the range of $96-98 billion, updated from our prior range of $96-99 billion. For Reality Labs, we continue to expect 2024 operating losses to increase meaningfully year-over-year due to our ongoing product development efforts and investments to further scale our ecosystem.
We anticipate our full-year 2024 capital expenditures will be in the range of $38-40 billion, updated from our prior range of $37-40 billion. We continue to expect significant capital expenditures growth in 2025. Given this, along with the back-end weighted nature of our 2024 capital expenditures, we expect a significant acceleration in infrastructure expense growth next year as we recognize higher growth in depreciation and operating expenses of our expanded infrastructure fleet.
Absent any changes to our tax landscape, we expect our fourth quarter 2024 tax rate to be in the low-teens.
In addition, we continue to monitor an active regulatory landscape, including the increasing legal and regulatory headwinds in the EU and the U.S. that could significantly impact our business and our financial results.
Webcast and Conference Call Information
Meta will host a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET today. The live webcast of Meta’s earnings conference call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the earnings press release, financial tables, and slide presentation.
Following the call, a replay will be available at the same website. Transcripts of conference calls with publishing equity research analysts held today will also be posted to the investor.fb.com website.
Disclosure Information
Meta uses the investor.fb.com and about.fb.com/news/ websites as well as Mark Zuckerberg’s Facebook Page (facebook.com/zuck), Instagram account (instagram.com/zuck) and Threads profile (threads.net/zuck) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
About Meta
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
Contacts
Investors:
Kenneth Dorell
investor@meta.com / investor.fb.com
Press:
Ryan Moore
press@meta.com / about.fb.com/news/
Forward-Looking Statements
This press release contains forward-looking statements regarding our future business plans and expectations. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: the impact of macroeconomic conditions on our business and financial results, including as a result of geopolitical events; our ability to retain or increase users and engagement levels; our reliance on advertising revenue; our dependency on data signals and mobile operating systems, networks, and standards that we do not control; changes to the content or application of third-party policies that impact our advertising practices; risks associated with new products and changes to existing products as well as other new business initiatives, including our artificial intelligence initiatives and metaverse efforts; our emphasis on community growth and engagement and the user experience over short-term financial results; maintaining and enhancing our brand and reputation; our ongoing privacy, safety, security, and content and advertising review and enforcement efforts; competition; risks associated with government actions that could restrict access to our products or impair our ability to sell advertising in certain countries; litigation and government inquiries; privacy, legislative, and regulatory concerns or developments; risks associated with acquisitions; security breaches; our ability to manage our scale and geographically-dispersed operations; and market conditions or other factors affecting the payment of dividends. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q filed with the SEC on August 1, 2024, which is available on our Investor Relations website at investor.fb.com and on the SEC website at www.sec.gov. Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. In addition, please note that the date of this press release is October 30, 2024, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.
For a discussion of limitations in the measurement of certain of our community metrics, see the section entitled “Limitations of Key Metrics and Other Data” in our most recent quarterly or annual report filed with the SEC.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (GAAP), we use the following non-GAAP financial measures: revenue excluding foreign exchange effect, advertising revenue excluding foreign exchange effect, and free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In addition, these measures may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures.
We believe these non-GAAP financial measures provide investors with useful supplemental information about the financial performance of our business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business.
Our non-GAAP financial measures are adjusted for the following items:
Foreign exchange effect on revenue. We translated revenue for the three and nine months ended September 30, 2024 using the prior year’s monthly exchange rates for our settlement or billing currencies other than the U.S. dollar, which we believe is a useful metric that facilitates comparison to our historical performance.
Purchases of property and equipment; Principal payments on finance leases. We subtract both purchases of property and equipment, net of proceeds and principal payments on finance leases in our calculation of free cash flow because we believe that these two items collectively represent the amount of property and equipment we need to procure to support our business, regardless of whether we procure such property or equipment with a finance lease. We believe that this methodology can provide useful supplemental information to help investors better understand underlying trends in our business. Free cash flow is not intended to represent our residual cash flow available for discretionary expenditures.
For more information on our non-GAAP financial measures and a reconciliation of GAAP to non-GAAP measures, please see the “Reconciliation of GAAP to Non-GAAP Results” table in this press release.
META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In millions, except per share amounts)
(Unaudited)
Three Months Ended September 30,
Nine Months Ended September 30,
2024
2023
2024
2023
Revenue
$ 40,589
$ 34,146
$ 116,116
$ 94,791
Costs and expenses:
Cost of revenue
7,375
6,210
21,322
18,264
Research and development
11,177
9,241
31,693
27,966
Marketing and sales
2,822
2,877
8,107
9,075
General and administrative
1,865
2,070
8,978
9,119
Total costs and expenses
23,239
20,398
70,100
64,424
Income from operations
17,350
13,748
46,016
30,367
Interest and other income, net
472
272
1,095
254
Income before provision for income taxes
17,822
14,020
47,111
30,621
Provision for income taxes
2,134
2,437
5,589
5,540
Net income
$ 15,688
$ 11,583
$ 41,522
$ 25,081
Earnings per share:
Basic
$ 6.20
$ 4.50
$ 16.37
$ 9.73
Diluted
$ 6.03
$ 4.39
$ 15.88
$ 9.56
Weighted-average shares used to compute earnings per share:
Basic
2,529
2,576
2,536
2,577
Diluted
2,600
2,641
2,615
2,623
META PLATFORMS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
September 30, 2024
December 31, 2023
Assets
Current assets:
Cash and cash equivalents
$ 43,852
$ 41,862
Marketable securities
27,048
23,541
Accounts receivable, net
14,700
16,169
Prepaid expenses and other current assets
5,467
3,793
Total current assets
91,067
85,365
Non-marketable equity securities
6,071
6,141
Property and equipment, net
112,162
96,587
Operating lease right-of-use assets
14,812
13,294
Goodwill
20,654
20,654
Other assets
11,642
7,582
Total assets
$ 256,408
$ 229,623
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
$ 7,656
$ 4,849
Operating lease liabilities, current
2,016
1,623
Accrued expenses and other current liabilities
23,658
25,488
Total current liabilities
33,330
31,960
Operating lease liabilities, non-current
18,208
17,226
Long-term debt
28,823
18,385
Long-term income taxes
9,171
7,514
Other liabilities
2,347
1,370
Total liabilities
91,879
76,455
Commitments and contingencies
Stockholders’ equity:
Common stock and additional paid-in capital
80,749
73,253
Accumulated other comprehensive loss
(1,192)
(2,155)
Retained earnings
84,972
82,070
Total stockholders’ equity
164,529
153,168
Total liabilities and stockholders’ equity
$ 256,408
$ 229,623
META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024
2023
2024
2023
Cash flows from operating activities
Net income
$ 15,688
$ 11,583
$ 41,522
$ 25,081
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
4,027
2,858
11,038
8,006
Share-based compensation
4,250
3,492
12,428
10,603
Deferred income taxes
(1,308)
3,049
(3,406)
1,292
Impairment charges for facilities consolidation, net
8
340
288
1,342
Other
(11)
75
(82)
278
Changes in assets and liabilities:
Accounts receivable
143
(678)
1,493
444
Prepaid expenses and other current assets
(184)
(907)
(168)
(141)
Other assets
(29)
(36)
(70)
31
Accounts payable
667
611
(195)
(543)
Accrued expenses and other current liabilities
572
87
(1,199)
5,355
Other liabilities
901
(72)
1,691
(39)
Net cash provided by operating activities
24,724
20,402
63,340
51,709
Cash flows from investing activities
Purchases of property and equipment, net
(8,258)
(6,496)
(22,831)
(19,453)
Purchases of marketable debt securities
(4,468)
(1,008)
(14,644)
(1,810)
Sales and maturities of marketable debt securities
4,114
1,475
11,972
3,825
Acquisitions of businesses and intangible assets
(132)
(38)
(261)
(565)
Other investing activities
124
(10)
112
(20)
Net cash used in investing activities
(8,620)
(6,077)
(25,652)
(18,023)
Cash flows from financing activities
Taxes paid related to net share settlement of equity awards
(3,544)
(2,087)
(9,913)
(4,789)
Repurchases of Class A common stock
(8,818)
(3,570)
(30,125)
(13,832)
Payments for dividends and dividend equivalents
(1,263)
—
(3,802)
—
Proceeds from issuance of long-term debt, net
10,432
—
10,432
8,455
Principal payments on finance leases
(944)
(267)
(1,558)
(751)
Other financing activities
(234)
49
(350)
(182)
Net cash used in financing activities
(4,371)
(5,875)
(35,316)
(11,099)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
368
(354)
(72)
(283)
Net increase in cash, cash equivalents, and restricted cash
12,101
8,096
2,300
22,304
Cash, cash equivalents, and restricted cash at beginning of the period
33,026
29,804
42,827
15,596
Cash, cash equivalents, and restricted cash at end of the period
$ 45,127
$ 37,900
$ 45,127
$ 37,900
Reconciliation of cash, cash equivalents, and restricted cash to the
condensed consolidated balance sheets
Cash and cash equivalents
$ 43,852
$ 36,890
$ 43,852
$ 36,890
Restricted cash, included in prepaid expenses and other current assets
90
152
90
152
Restricted cash, included in other assets
1,185
858
1,185
858
Total cash, cash equivalents, and restricted cash
$ 45,127
$ 37,900
$ 45,127
$ 37,900
META PLATFORMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024
2023
2024
2023
Supplemental cash flow data
Cash paid for income taxes, net
$ 1,767
$ 509
$ 8,326
$ 2,016
Cash paid for interest, net of amounts capitalized
$ 111
$ 120
$ 356
$ 302
Non-cash investing and financing activities:
Property and equipment in accounts payable and accrued
expenses and other current liabilities
$ 7,217
$ 4,506
$ 7,217
$ 4,506
Acquisition of businesses and intangible assets in accrued
expenses and other current liabilities and other liabilities
$ 186
$ 182
$ 186
$ 182
Repurchases of Class A common stock in accrued expenses and
other current liabilities
$ —
$ 122
$ —
$ 122
Segment Results
We report our financial results for our two reportable segments: Family of Apps (FoA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL includes our virtual, augmented, and mixed reality related consumer hardware, software, and content.
The following table presents our segment information of revenue and income (loss) from operations:
Segment Information
(In millions)
(Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024
2023
2024
2023
Revenue:
Advertising
$ 39,885
$ 33,643
$ 113,850
$ 93,242
Other revenue
434
293
1,203
724
Family of Apps
40,319
33,936
115,053
93,966
Reality Labs
270
210
1,063
825
Total revenue
$ 40,589
$ 34,146
$ 116,116
$ 94,791
Income (loss) from operations:
Family of Apps
$ 21,778
$ 17,490
$ 58,778
$ 41,841
Reality Labs
(4,428)
(3,742)
(12,762)
(11,474)
Total income from operations
$ 17,350
$ 13,748
$ 46,016
$ 30,367
Reconciliation of GAAP to Non-GAAP Results
(In millions, except percentages)
(Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024
2023
2024
2023
GAAP revenue
$ 40,589
$ 34,146
$ 116,116
$ 94,791
Foreign exchange effect on 2024 revenue using 2023 rates
544
809
Revenue excluding foreign exchange effect
$ 41,133
$ 116,925
GAAP revenue year-over-year change %
19 %
22 %
Revenue excluding foreign exchange effect year-over-year change %
20 %
23 %
GAAP advertising revenue
$ 39,885
$ 33,643
$ 113,850
$ 93,242
Foreign exchange effect on 2024 advertising revenue using 2023 rates
538
799
Advertising revenue excluding foreign exchange effect
$ 40,423
$ 114,649
GAAP advertising revenue year-over-year change %
19 %
22 %
Advertising revenue excluding foreign exchange effect year-over-year change %
20 %
23 %
Net cash provided by operating activities
$ 24,724
$ 20,402
$ 63,340
$ 51,709
Purchases of property and equipment, net
(8,258)
(6,496)
(22,831)
(19,453)
Principal payments on finance leases
(944)
(267)
(1,558)
(751)
Free cash flow
$ 15,522
$ 13,639
$ 38,951
$ 31,505
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SOURCE Meta
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Jack Appleman, Successful Business Writing, 1 845-781-0019, jack@successfulbusinesswriting.com, https://successfulbusinesswriting.com
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Attenuators Market to Grow by USD 434.7 Million (2024-2028) as Demand for Wave Protection in Marine Environments Increases; AI-Powered Market Evolution Report – Technavio
Published
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October 30, 2024By
NEW YORK, Oct. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global attenuators market size is estimated to grow by USD 434.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.4% during the forecast period. Need for protection against wave action in marine environments is driving market growth, with a trend towards expanding innovation in material technology. However, uncertainty in producing accurate measurements poses a challenge.Key market players include Amphenol Corp., Analog Devices Inc., Bird, Eravant, HUBER SUHNER AG, HYPERLABS INC., Infinite Electronics International, Inc., JFW Industries Inc, MECA Electronics Inc, Narda MITEQ, Qorvo Inc., Renesas Electronics Corp., RF Industries Ltd., RF Lambda, Roho Connector Ltd, Scientific Components Corp, Smiths Interconnect Group Ltd, Spectrum Control Ltd, TTM Technologies Inc., and Valtir LLC.
AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis– View your snapshot now
Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Type (Fixed attenuators and Variable attenuators), Application (Telecommunications, Broad casting, Data centers, Automotive, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
Region Covered
APAC, North America, Europe, South America, and Middle East and Africa
Key companies profiled
Amphenol Corp., Analog Devices Inc., Bird, Eravant, HUBER SUHNER AG, HYPERLABS INC., Infinite Electronics International, Inc., JFW Industries Inc, MECA Electronics Inc, Narda MITEQ, Qorvo Inc., Renesas Electronics Corp., RF Industries Ltd., RF Lambda, Roho Connector Ltd, Scientific Components Corp, Smiths Interconnect Group Ltd, Spectrum Control Ltd, TTM Technologies Inc., and Valtir LLC
Key Market Trends Fueling Growth
The global attenuators market is experiencing significant growth due to advancements in material technology, specifically in the development of terahertz attenuators. Traditional attenuators have faced challenges in achieving effective performance in the terahertz band. However, recent innovations, such as the use of aerogels made from cellulose and conducting polymer PEDOT:PSS, are revolutionizing the industry. These aerogels offer unique benefits, including the ability to switch between conducting and insulating states, enabling precise control over THz signal transmission. This capability results in a substantial increase in performance, with modulation ranging from 2% to 90%. The reversible nature of this process makes aerogel attenuators highly adaptable for various applications. The use of biocompatible and durable PEDOT:PSS, combined with the renewable and cost-effective cellulose, enhances the sustainability of these materials. The aqueous fabrication process simplifies production and supports large-scale manufacturing. As the demand for high-performance attenuators in advanced communication systems continues to rise, the integration of innovative materials like conducting polymer-cellulose aerogels is poised to redefine industry standards, aligning with broader sustainability goals and driving the growth of the global attenuators market.
The Attenuators Market is experiencing significant growth due to increasing trends in Data Centers, Data Transmission, and Network Communication. With the rise of Cloud Computing and IoT, the need for maintaining Signal Integrity in Wireless Infrastructure and 5G Technology is crucial. Attenuators, as passive devices, play a vital role in reducing signal power and ensuring Quality of Service (QoS) in various applications. Single-channel and Multi-channel Jitter Attenuators find extensive use in Telecommunications and Data Center Applications. Digital Attenuators, using Voltage Divider Network and Semiconductor Devices, offer precise amplitude reduction. The Telecommunication Industry’s shift towards 5G, LTE Networks, and IoT applications necessitates advanced solutions like Active Attenuators, Variable Attenuators, and Power Wattage management. Attenuators find applications in Military Applications, Consumer Electronics, and Test and Measurement equipment. High Bandwidth Technologies, Smart Grid Technology, and Time-sensitive Smart Meters require precise attenuation for Financial Security and Digital Transformation. Attenuators are essential components in various industries, including Telecommunications, Automotive (Autonomous and Connected Cars), and Supply Chain.
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Market Challenges
The global attenuators market encounters challenges in obtaining accurate measurements, especially with direct reading attenuators. These instruments are vital in test labs and production settings for precise attenuation settings in component and system characterizations. However, the reliability of these measurements can be affected by the non-linearity issues of power sensing devices, such as power sensors and detectors. This concern results in the need for consistent power exposure levels to ensure measurement accuracy. To achieve this, a precise attenuation value is necessary. The standard method involves using direct reading attenuators to establish the desired attenuation level, enabling accurate gain or loss readings. However, the accuracy of these readings for the Device Under Test (DUT) depends on the precision of the attenuation readings. Discrepancies in attenuator accuracy can lead to significant measurement errors. Furthermore, applications like bit error rate testing in communication systems and sensitivity assessments in radar systems necessitate extremely high accuracy and attenuation levels, often surpassing 120 dB. This demand adds complexity, as a flat attenuation response across the entire waveguide operating bandwidth is crucial for reliable performance in broadband components and subsystems. The uncertainties in producing accurate measurements may hinder the growth of the global attenuators market during the forecast period.The Attenuators Market encompasses passive devices designed for signal power reduction in various industries. Digital Attenuators, a modern solution, offer precise amplitude reduction for applications like Test and Measurement and Communication Equipment. Maximum Rated Attenuation varies for Semiconductor Devices and Driver Circuitry, including Transistor-Transistor Logic (TTL). Challenges include meeting the power wattage requirements for Military Applications and Consumer Electronics, as well as the demands of High Bandwidth Technologies in the Telecommunication Industry, such as LTE Network and 5G. Active Attenuators and Variable Attenuators cater to different use cases. Vibration Dampers and Machine Learning Algorithms ensure optimal performance. Financial Security, Digital Transformation, Supply Chain, and emerging technologies like 5G, Autonomous Cars, Connected Cars, Silicon-based Timing Devices, Data Centers, and Smart Grid Technology also present significant opportunities.
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Segment Overview
This attenuators market report extensively covers market segmentation by
Type1.1 Fixed attenuators1.2 Variable attenuatorsApplication2.1 Telecommunications2.2 Broad casting2.3 Data centers2.4 Automotive2.5 OthersGeography3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa
1.1 Fixed attenuators- Fixed attenuators are essential devices in signal management, providing consistent attenuation across various applications. These devices reduce signal amplitude by a fixed amount, typically measured in decibels (dB), using a fixed resistance network to dissipate excess power as heat. The market for fixed attenuators includes various types, such as standard, cryogenic, space-grade, superconducting, and microwave models. Manufacturers rigorously test these devices in thermal vacuum chambers and radiation testing facilities to ensure reliability under extreme conditions. The use of high-reliability materials is crucial to resist degradation from radiation and temperature variations. The growing demand for advanced communication systems and space exploration technologies is driving the expansion of the fixed attenuators segment and the global attenuators market. Innovations in materials and design continue to enhance their performance and reliability.
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Research Analysis
The Attenuators Market encompasses a range of passive devices used to reduce signal power while maintaining signal integrity in various applications, including Data Centers, Data Transmission, Network Communication, Cloud Computing, Internet of Things (IoT), Wireless Infrastructure, and 5G Technology. Attenuators are essential in managing QoS (Quality of Service) and mitigating jitter in these systems. They come in different types, such as Single-channel Jitter Attenuators, Multi-channel Jitter Attenuators, Digital Attenuators, and Passive Devices like Voltage Divider Networks. Semiconductor devices, Driver Circuitry, CMOS Logic, and Transistor-Transistor Logic (TTL) are commonly used in attenuator designs. Maximum Rated Attenuation and Amplitude Reduction are critical specifications for these components. Test and Measurement equipment and Communication Equipment industries, Telecommunications, and Silicon-based Timing Devices also rely on attenuators for signal management.
Market Research Overview
The Attenuators Market encompasses a range of passive devices used to reduce signal power, primarily in data centers, data transmission, and network communication applications. These devices ensure signal integrity and improve Quality of Service (QoS) in various industries, including telecommunications, cloud computing, IoT, wireless infrastructure, and 5G technology. Attenuators come in different types such as single-channel and multi-channel jitter attenuators, digital attenuators, and active or variable attenuators. They are used in data center applications, test and measurement equipment, communication equipment, and military applications. Semiconductor devices, driver circuitry, and voltage divider networks are essential components of these attenuators. With the advent of high bandwidth technologies like 5G, LTE networks, and the Internet of Things (IoT), the demand for attenuators is increasing in various sectors like consumer electronics, autonomous cars, and connected cars. Silicon-based timing devices, smart grid technology, time-sensitive smart meters, financial security, digital transformation, and supply chain are other potential applications. Vibration dampers and machine learning algorithms are also being integrated into attenuators to improve their performance. In summary, the Attenuators Market is a significant and growing sector, driven by the increasing demand for reliable and high-performance signal transmission in various industries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
Type Fixed AttenuatorsVariable AttenuatorsApplication TelecommunicationsBroad CastingData CentersAutomotiveOthersGeography APACNorth AmericaEuropeSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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View original content to download multimedia:https://www.prnewswire.com/news-releases/attenuators-market-to-grow-by-usd-434-7-million-2024-2028-as-demand-for-wave-protection-in-marine-environments-increases-ai-powered-market-evolution-report—technavio-302290505.html
SOURCE Technavio
Technology
State Collection Service Donates $10,000 for Hurricane Recovery Efforts
Published
51 mins agoon
October 30, 2024By
As hurricane recovery efforts continue throughout the Southeast, State is supporting those providing direct assistance.
MADISON, Wis, Oct. 30, 2024 /PRNewswire-PRWeb/ — As hurricane recovery efforts continue throughout the Southeast, State is supporting those providing direct assistance. The company has donated $10,000 to organizations assisting those in North Carolina and Florida, as well as a fund providing cash assistance to those impacted who work in the receivables management/revenue cycle industry. Many of our team members also have made contributions.
A portion of State’s donation went to a GoFundMe created by agency owners Rick Doane and Diane Doane Plowman to provide cash assistance to those impacted within the receivables management industry. Donations are still being accepted here to assist our industry colleagues who were impacted.
“In addition to working closely with our clients located in the impacted areas, ceasing outbound contact campaigns and adjusting scripts, our team quickly jumped in to provide financial assistance to those impacted by the hurricanes,” said Tim Haag, State’s president and chief executive officer. “Our thoughts for a full recovery go out to everyone impacted by these disasters.”
About State
State improves the financial picture for healthcare providers by delivering increased financial results while ensuring a positive patient experience. Rooted in a tradition of ethics, integrity and innovation since 1949, State uses data analytics to drive performance and speech analytics with ongoing training to ensure patient satisfaction. A family-owned company now in its third generation of leadership, State assists healthcare organizations with services spanning the complete revenue cycle, including Pre-Service Financial Clearance, Early Out Self-Pay Resolution, Insurance Follow-Up and Bad Debt Collection. To learn more, visit: www.statecollectionservice.com.
Media Contact
Heather Taylor, State Collection Service, Inc., 1 7657306632, heathert@stcol.com, www.statecollectionservice.com
View original content:https://www.prweb.com/releases/state-collection-service-donates-10-000-for-hurricane-recovery-efforts-302289773.html
SOURCE State Collection Service, Inc.
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Attenuators Market to Grow by USD 434.7 Million (2024-2028) as Demand for Wave Protection in Marine Environments Increases; AI-Powered Market Evolution Report – Technavio
State Collection Service Donates $10,000 for Hurricane Recovery Efforts
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