Meta Platforms reports strong first quarter results, including revenue and EPS growth

From CNBC: 2025-04-30 20:12:00

Meta Platforms reported a strong first quarter, with revenue climbing 16.1% year over year to $42.31 billion and earnings per share soaring 36.5% to $6.43. The positive results led to a more than 4% increase in shares in after-hours trading, with Meta’s stock up over 25% from its all-time high in February. The company intends to continue spending on artificial intelligence, with a 2025 capital expenditures guidance increase to $67 billion. CEO Mark Zuckerberg and CFO Susan Li highlighted the positive impact of AI investments on user engagement and ad targeting capabilities during the earnings call. Li noted a potential impact on revenue in Europe due to compliance requirements, and a slowdown in ad spending from Asia-based online retail exporters. Despite potential headwinds, Meta’s second quarter guidance is in line with expectations, with revenue expected to range from $42.5 billion to $45.5 billion. The company also updated its capital expenditures outlook to $64 billion to $72 billion to support its AI efforts. The positive market reaction and strong financial performance reinforce Meta’s position as a leader in targeted advertising and technology innovation.



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