Meta Platforms Q1 Earnings Highlights: Revenue And EPS Beat, Ads Delivered Rise 26%, AI Spending Update And More
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Technology and social media giant Meta Platforms reported first-quarter financial results after the market close Wednesday. Here are the key highlights.
Meta Platforms reported first-quarter revenue of $28.64 billion, which was up 3% year-over-year. The revenue total beat a Street consensus estimate of $27.62 billion, according to data from Benzinga Pro.
The company reported earnings per share of $2.20, which beat a Street consensus estimate of $2.03.
Meta Platforms reported first-quarter revenue of $28.64 billion, which was up 3% year-over-year. The revenue total beat a Street consensus estimate of $27.62 billion, according to data from Benzinga Pro.
The company reported earnings per share of $2.20, which beat a Street consensus estimate of $2.03.