Meta Platforms gains 4% after posting 23% earnings beat
Premium|Take advantage of 50% OFF on your first month.
Start your subscription and get access to all our original articles.
You have reached your limit of 5 free articles for this month.
Get all exclusive analysis, access our analysis and get Gold and signals alerts
Elevate your trading Journey.
UPGRADEMeta Platforms (META) stock saw confident gains in Wednesday's post-market after releasing an impressive beat for the first quarter.
Mark Zuckerberg's social media powerhouse witnessed GAAP EPS of $6.43, $1.21 or 23% ahead of the Wall Street consensus. Revenue of $42.3 billion rose 16% YoY and bested the consensus by just under $1 billion.
Daily active users in the quarter was 3.43 billion, up 6% YoY. Ad impressions rose 5% YoY for the Family of Apps that includes Facebook and Instagram. The average price per ad rose 10% YoY.
Meta expects revenue for the second quarter of 2025 to arrive between $42.5 and 45.5 billion, which is a guidance hike above the consensus for $41.36 billion.
META daily stock chart
Meta Platforms (META) stock saw confident gains in Wednesday's post-market after releasing an impressive beat for the first quarter.
Mark Zuckerberg's social media powerhouse witnessed GAAP EPS of $6.43, $1.21 or 23% ahead of the Wall Street consensus. Revenue of $42.3 billion rose 16% YoY and bested the consensus by just under $1 billion.
Daily active users in the quarter was 3.43 billion, up 6% YoY. Ad impressions rose 5% YoY for the Family of Apps that includes Facebook and Instagram. The average price per ad rose 10% YoY.
Meta expects revenue for the second quarter of 2025 to arrive between $42.5 and 45.5 billion, which is a guidance hike above the consensus for $41.36 billion.
META daily stock chart
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.