Meta’s first quarter earnings, revenue beat Wall Street’s expectations

Instagram and Facebook Parent Meta Platforms Inc. Better results are expected on Wednesday for the first quarter thanks to the strong advertising revenues-which are strengthened by artificial intelligence tools-on social media platforms.

Meta shares rose in the stretch trading after the results appeared.

It was “a good quarter of Meta, but it was before the economic turmoil had already begun and before the mind of the definitions began.” “It was the case before we started seeing the decline in spending on ads from advertisers who are based in China, such as Temu and Shein.”

She added that Meta should be able to withstand any decrease in revenues from advertisers from China if he can continue to improve AI’s advertising tools.

The company received 16.64 billion dollars, or $ 6.43 per share, in the March-March period, an increase of 35 % from 12.37 billion dollars, or $ 4.71 per share, in the same previous period.

Revenue increased by 16 % to $ 42.31 billion from 36.46 billion dollars in the previous year.

Analysts, on average, expected profits of $ 5.23 per share at revenues of 41.34 billion dollars, according to an opinion poll conducted by FactSet.

For the current quarter, Meta expects revenues in the range of $ 42.5 billion to 45.5 billion dollars. Analysts expect $ 43.84 billion.

Menlo Park, in California, also raised its capital expenses from 2025 to 64 billion dollars -72 billion dollars, increasing its previous view of 60 billion dollars to 65 billion dollars. Meta said that the new guidance “reflects additional investments in the data center to support our artificial smart efforts in addition to increasing the expected cost of infrastructure devices.”

“We have started a strong start for an important year, and our society continues to grow and do our business very well,” CEO Mark Zuckerberg said in a statement. “We are making good progress on artificial intelligence glasses and Meta Ai, which now has approximately one billion monthly monthly.”

He said in a phone conference with analysts that the company is in a good position to move in the continuous economic “uncertainty”.

And Andrew Rocco, Zacks investment Research Analyst, said that although many companies have not provided guidance amid concerns related to tariffs and an unconfirmed economic environment, the fact that Meta did a “biological sign”, said Andrew Rocco, Zacks Investment analyst, said that although many companies have not provided guidance amid concerns related to tariffs and an unconfirmed economic environment, the fact that Meta did a “bullish sign”.

Meta said more than 3.4 billion people, on average, used at least one of its applications in March. This is 6 % from the previous year.

On Tuesday, Meta released an independent application for Amnesty International, called Meta AI, which includes a “discovered” summary that allows users to know how others interact with artificial intelligence.

Meta shares jumped $ 24.20, or 4.4 %, to $ 573.20 in post -hours trading. The stock decreased about 8 % year to date.