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Meta Platforms:Quarterly Results/2024 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2024 Q1 (view source)
Revision as of 10:06, 25 April 2024
, 25 April 2024→Earnings Call Summary
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* Pricing growth (+6%) was driven by advertiser demand, which was partially offset by strong impression growth, particularly from lower-monetizing regions and surfaces. | * Pricing growth (+6%) was driven by advertiser demand, which was partially offset by strong impression growth, particularly from lower-monetizing regions and surfaces. | ||
* Family of Apps other revenue rose 85% y/y to $380 million, driven by business messaging revenue growth from WhatsApp Business Platform. | * Family of Apps other revenue rose 85% y/y to $380 million, driven by business messaging revenue growth from WhatsApp Business Platform. | ||
=== Regulatory === | |||
* '''They have a jury trial in June brought by the State of Texas regarding the use of the facial recognition technology. They said this "could ultimately result in a material loss."''' | |||
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