Meta
shares jumped in extended trading on Wednesday after the company issued revenue for the first quarter that topped estimates and provided optimistic guidance for current period.
Earnings: $2.20 per share.
Revenue: $28.65 billion vs $27.65 billion, according to Refinitiv.
Daily Active Users (DAUs): 2.04 billion vs 2.01 billion expected, according to StreetAccount
Monthly Active Users (MAUs): 2.99 billion vs 2.99 billion expected, according to StreetAccount
For the second quarter, Meta expects revenue of between $29.5 billion and $32 billion, while analysts were expecting sales of $29.5 billion, according to Refinitiv.
https://www.cnbc.com/2023/04/26/facebook-meta-q1-earnings-report.html
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