Meta beats estimates for first-quarter revenue
ReutersApr 30, 2025 8:08 PM
April 30 (Reuters) - Meta Platforms META.O beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears.
The company reported revenue of $42.31 billion for the first quarter, compared with analysts' average estimate of $41.40 billion, according to data compiled by LSEG.
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