Meta shares soar as Facebook parent beats Q1 profit, revenue forecasts

France Nouvelles Nouvelles

Meta shares soar as Facebook parent beats Q1 profit, revenue forecasts
France Dernières Nouvelles,France Actualités
  • 📰 nypost
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

Meta also reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion.

Meta Platforms Inc. said Wednesday it earned $5.71 billion, or $2.20 per share, in the January-March period. That’s down 19% from $7.47 billion, or $2.

72 per share, a year earlier.Bloomberg via Getty ImagesAnalysts, on average, were expecting earnings of $2.02 per share on revenue of $27.67 billion, according to a poll by FactSet.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

nypost /  🏆 91. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Meta just suffered a major Facebook ad glitch that has advertisers asking about refundsMeta just suffered a major Facebook ad glitch that has advertisers asking about refundsMeta suffered a major Facebook ad glitch on Sunday that some ad experts believe is one of the biggest in over a decade.
Lire la suite »

Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?Meta shares have enjoyed a big rally this year, and the company will put its $500 billion-plus valuation to the test Wednesday when it reports results.
Lire la suite »

Meta stock jumps toward highest price in a year as Facebook parent predicts renewed revenue growthMeta stock jumps toward highest price in a year as Facebook parent predicts renewed revenue growthMeta Platforms Inc.'s stock soared 9% higher in extended trading Wednesday after the social networking company's profit declined less than expected.
Lire la suite »

Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a YearFacebook Parent Meta Platforms Sees First Sales Increase in Nearly a YearThe company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the loss of ad-tracking capabilities in 2021.
Lire la suite »

Top Meta exec Nick Clegg blasts TikTok over China ‘values’ as calls for US ban riseTop Meta exec Nick Clegg blasts TikTok over China ‘values’ as calls for US ban riseTikTok has emerged as a top rival to Meta-owned Facebook and Instagram.
Lire la suite »

Meta Q1 Sales Up 3% as Social Giant Beats Wall Street EstimatesMeta Q1 Sales Up 3% as Social Giant Beats Wall Street EstimatesMeta, parent of Facebook and Instagram, turned in better-than-expected earnings for the first quarter of 2023 — even as net income dropped sharply on a year-over-year basis. Overall, the comp…
Lire la suite »



Render Time: 2025-03-04 13:30:40