Tag Archives: Facebook
Meta Earnings: Strong Q1 but AI Investments Tempered Growth Outlook
Meta (META.US), the parent company of Facebook, disclosed its March quarter financial results, revealing revenues of $36.5 billion, which marked a 27% increase from the previous year, and earnings of $4.71 per share, surpassing the anticipated figures. The company’s quarterly revenue landed within its projected $34.5 billion to $37 billion range, also outdoing the FactSet […]