Facebook Parent Meta Falls Short Of Q1 Earnings Bar, But Stock Surges On Earnings Beat
Meta Platforms, parent company of Facebook and Instagram, reported a mixed bag of first-quarter results, beating Wall Street expectations for earnings but falling short in total revenue. Earnings per share slipped 18% from the prior-year quarter to $2.72, but that was still well above analysts’ consensus of $2.56. Revenue climbed 7% to $27.9 billion, short […]