Meta Platforms, Inc. (META) on Wednesday reported first-quarter net income of $12.37 billion. The Menlo Park, California-based company said it had net income of $4.71 per share. The results topped Wall Street expectations.
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While there’s a lot to parse through, the report clearly shows that Meta beat analyst expectations for earnings and revenue. Meta shared its Q1 2024 earnings report when markets closed today. Meta reeled in $36.