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== Results == | == Results == | ||
Meta Platforms topped analysts estimate in | Meta Platforms topped analysts estimate in all areas except on Reality Labs revenue. 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), above analyst estimate of $27.61 billion(-1.1% y/y) and a beat on management upper point guidance of $28.5 billion(+2.21% y/y). | * Revenue was $28.65 billion(+3% y/y), above analyst estimate of $27.61 billion(-1.1% y/y) and a beat on management upper point guidance of $28.5 billion(+2.21% y/y). |