Facebook stock soars 10% despite earnings miss [MSN Money]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
investor.fb.com/home/default.aspx
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Source: MSN Money
FacebookFB© Provided by InvtorPlaceLet’s take a more in-depth look at the most rect Facebook earnings report.Diluted per-share earnings are up 0% from 85 cts during the same time last year.Revue for the quarter com in 8% higher than the $5.08 billion in the first quarter of 09.Operating income of $5.89 billion is a 78% increase year-over-year from $. billion.The Facebook earnings report also includ a net income of $.9 billion.That’s a 0% improvemt over its net income of $. billion in the same period of the year prior.Mark Zuckerberg, founder and CEO of Facebook, said this in the earnings report.“Our work has always be about helping you stay connected with the people you care about. With people relying on our servic more than ever, we’re focused on keeping people safe, informed and connected.”Facebook not that the novel coronavirus is having an impact on its busins. That includ ls ad revue. As a rult, it isn’t providing specifics wh it com to its 00 outlook. What it do say is it is see
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