From bing-
Q1 2024 Revenue: $2.16 billion, with advertising revenue up 7% year-over-year.
Q1 2024 Net Income: $265 million, resulting in diluted earnings per share of $0.07.
Q1 2024 Adjusted EBITDA: $650 million, up 4% year-over-year.
Q1 2024 Free Cash Flow: $132 million.
Additionally, for the full fiscal year ending December 31, 2023:
Revenue remained relatively flat at $8.95 billion.
Net Income increased slightly to $1.26 billion, with diluted EPS of $0.32.
Adjusted EBITDA saw a slight decline of 2% to $2.79 billion.
Free Cash Flow decreased to $1.20 billion due to higher capital expenditures and cash taxes.
While I don’t have a crystal ball, the company’s financials seem stable, but like any business, risks exist. It’s advisable to keep an eye on industry trends and news for a more accurate assessment.
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