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Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
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Meta Platforms topped analysts estimate in almost all areas. Here are the results<ref>https://s21.q4cdn.com/399680738/files/doc_news/Meta-Reports-First-Quarter-2023-Results-2023.pdf</ref>. | Meta Platforms topped analysts estimate in almost all areas. Here are the results<ref>https://s21.q4cdn.com/399680738/files/doc_news/Meta-Reports-First-Quarter-2023-Results-2023.pdf</ref>. | ||
* Revenue was $28.65 billion(+3% y/y), slightly above analyst estimate of $27.61 billion(-1.1% y/y). | * Revenue was $28.65 billion(+3% y/y), slightly above analyst estimate of $27.61 billion(-1.1% y/y) and a beat on management guidance($28.5 billion). | ||
* EPS was $2.2 versus $2.03 analyst estimate-a 10% beat. | * EPS was $2.2 versus $2.03 analyst estimate-a 10% beat. | ||
* Excluding restructuring charges Meta's EPS would be $2.64. | * Excluding restructuring charges Meta's EPS would be $2.64. | ||