in

Meta generated $28.7 billion in revenue in the first quarter

Meta generated $28.7 billion in revenue in the first quarter


Meta surpassed market expectations with revenue of $28.7 billion in the first quarter of this 12 months.


AA

Meta, the father or mother firm of Fb, introduced its monetary knowledge for the January-March interval.

Accordingly, the firm’s revenue in the first quarter of this 12 months elevated by 3 p.c in comparison with the similar interval of the earlier 12 months and rose to $ 28.7 billion.

Meta had revenue of $27.9 billion in the first quarter of 2022. The corporate exceeded expectations with these knowledge.

On this interval, the firm elevated its revenue after the decline in 3 consecutive quarters.

Meta’s earnings are down

Meta’s internet revenue fell 24 p.c in the first quarter of this 12 months to $5.7 billion. The corporate introduced a revenue of $ 7.5 billion in the first quarter of 2022.

Meta’s Actuality Labs unit, which is accountable for the growth of metaverse applied sciences, additionally made a lack of $3.99 billion in the first quarter of this 12 months, after a lack of $13.7 billion in 2022.

The variety of day by day energetic customers of Fb elevated by 4% on an annual foundation as of March, reaching 2.04 billion.

The variety of month-to-month energetic customers of the social networking website elevated by 2 p.c to 2.99 billion in the similar interval.

#Meta #generated #billion #revenue #quarter

Dikkat: Sitemiz herkese açık bir platform olduğundan, çox fazla kişi paylaşım yapmaktadır. Sitenizden izinsiz paylaşım yapılması durumunda iletişim bölümünden bildirmeniz yeterlidir.


https://www.ensonhaber.com/teknoloji/meta-ilk-ceyrekte-287-milyar-dolar-gelir-elde-etti

You May Also Like:  Twitter has developed an app to block fake posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Greek Prime Minister Mitsotakis: We will extend the steel fence in Meriç

Greek Prime Minister Mitsotakis: We will extend the steel fence in Meriç

Mystery of quasars glowing on fire solved

Mystery of quasars glowing on fire solved