Earnings

Meta Q1 2023 earnings report

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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022.

David Paul Morris | Bloomberg | Getty Images

Meta shares jumped 12% in extended trading on Wednesday after the company reported an unexpected increase in sales for the first quarter and issued better-than-expected guidance for the current period.

Here are the key numbers:

  • Earnings: $2.20 per share vs. $2.03 per share expected by analysts, according to Refinitiv
  • Revenue: $28.65 billion vs. $27.65 billion expected by analysts, according to Refinitiv.
  • Daily Active Users (DAUs): 2.04 billion vs. 2.01 billion expected, according to StreetAccount.
  • Monthly…



Source cnbc.com

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