Meta's first-quarter sales rose 3% from $27.91 billion a year earlier, after three straight periods in which revenue declined. It wasn't immediately clear if the company's figure was comparable to analyst projections of $2.03.
. The company is "becoming more efficient so we can build better products faster and put ourselves in a stronger position to deliver our long term vision," he said.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meta earnings preview: Can Facebook remain resilient amid online-ad downturn?Meta shares have enjoyed a big rally this year, and the company will put its $500 billion-plus valuation to the test Wednesday when it reports results.
Read more »