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Meta Blows Past Q1 Expectations, Ups Capex Target for Full-Year 2025

Social-media giant Meta isn’t forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts. For the first quarter of 2025, Meta significantly exceeded expectations. The company, parent of Facebook and Instagram, reported revenue of $42.31 billion (up 16%) and net income of $16.64 billion (up 35%), or $6.43 per share. Wall Street anticipated $41.36 billion in revenue and earnings per share of $5.2...

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