
$Meta Platforms(META.US) +3.3% AH to $567, as 1Q revs and eps both beat expectations, and 2Q rev guidance was in line with expectations.
1Q:- Rev $42.3B (+16% YoY) vs $41.3B (+14% YoY exp), driven by higher adv revs.- Adj EPS $6.43 vs $5.21 exp- Daily avg people up +6% YoY2Q guide:- Rev $42.5B-$45.5B vs $43.8B expFY’25 expense guide reduced to $113-$118B from $114-$119BFY’25 CapEx guide increased to $64-$72B from $60-$65B (benefits $NVIDIA(NVDA.US), $Broadcom(AVGO.US)).$Meta Platforms(META.US) beat plus $Microsoft(MSFT.US) beat (+5.5% AH) should push up mega caps tomorrowThe copyright of this article belongs to the original author/organization.
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