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Meta raised its capital-expenditure forecast, but it’s also posting strong enough revenue growth to support that spending.
The social media giant reported revenues of $42.31 billion and an earnings per share of $6.43. That's a revenue increase of ...
For the current quarter, Meta forecast revenue in the range of $42.5 billion to $45.5 billion. Analysts are expecting $43.84 ...
Meta's costs and expenses in Q1 rose 9.4% to $24.76 billion. But since that growth was much less than the 16.1% rise in revenue, profitability improved. Income from operations jumped 27% to $17.56 ...
M​eta's earnings call is today at 5 pm ET. META stock heads into the report down 7% YTD. Analysts are focused on AI spending ...
Meta Platforms (META) came out with quarterly earnings of $6.43 per share, beating the Zacks Consensus Estimate of $5.22 per share. This compares to earnings of $4.71 per share a year ago. These ...
Here is what Meta, the parent company of Facebook and Instagram led by Mark Zuckerberg, reported in its first quarter earnings on Wednesday ...