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META Earnings: Meta Platforms Q1 2025 income and revenue beat estimates

by Index Investing News
May 1, 2025
in Markets
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Fb father or mother Meta Platforms, Inc. (NASDAQ: META) on Wednesday reported double-digit development in first-quarter income and revenue. The numbers additionally exceeded analysts’ forecasts.

META Earnings: Meta Platforms Q1 2025 income and revenue beat estimates

The social media large’s first-quarter income elevated to $42.31 billion from $36.45 billion within the comparable quarter of fiscal 2024, exceeding expectations.

Web revenue rose to $16.6 billion or $6.43 per share within the March quarter from $12.4 billion or $4.71 per share final 12 months. Earnings beat Wall Avenue’s estimates.

Household Each day Lively Individuals for March 2025, which refers back to the variety of registered and logged-in customers who entry no less than one in every of Meta’s companies in a 24-hour interval, rose 6% to three.43 billion.

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