Doris Simpson
commented on
On April 24, Meta reported its earnings result for the first quarter of FY24. It reported Q1 2024 revenues of $36.46 billion, beating the $36.14 billion estimate and marking a 27% year-over-year increase. EPS was $4.71, above the expected $4.32.
Disappointing Q2 Outlook Triggers Meta Stock Plunge
The primary factor troubling investors is the profit squeeze resulting from reduction in sales and increase in expenses. This directly affe...
Disappointing Q2 Outlook Triggers Meta Stock Plunge
The primary factor troubling investors is the profit squeeze resulting from reduction in sales and increase in expenses. This directly affe...
![Everything You Need to Know About Meta's Latest Earnings Report](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240425/1ec9788d68c340e3bd1c58ddb6a1a403.png/thumb?area=100&is_public=true)
![Everything You Need to Know About Meta's Latest Earnings Report](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240425/8c1a262f6d4244d9b9dbf22327f4356a.png?area=100&is_public=true)
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