Meta Reports Quarterly Revenue of $36.5B But Stock Falls After Guidance
Meta reported first quarter revenue of $36.5 billion, up 27 percent from the year-earlier period and above Wall Street expectations. The company, which owns Facebook, Instagram and more, had issued guidance of $34.5 to $37 billion for the first quarter. Meta reported income of $12.4 billion, up 117 percent from the year-earlier period. "It's been […]
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