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Stock impact report

Meta to report first-quarter results after the bell [CNBC]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: CNBC
Revenue: $36.16 billion, according to LSEG. Daily active users (DAUs): 2.12 billion, according to StreetAccount Monthly active users (MAUs): 3.09 billion, according to StreetAccount Average revenue per user (ARPU): $11.75 according to StreetAccount Meta has been a favorite on Wall Street since early 2023, when CEO Mark Zuckerberg told investors it would be the “year of efficiency.” The stock almost tripled last year, trailing only Nvidia among members of the S&P 500, and is up another 40% in 2024. The Facebook parent has been clawing back digital ad market share after a dismal 2022 . At that time, the company was reeling from Apple's iOS privacy update and macroeconomic concerns that led many brands to rein in spending. Zuckerberg spearheaded an initiative to rebuild the ad business with a focus on artificial intelligence. On the company's last earnings call in February, finance chief Susan Li said Meta has been investing in AI models that can accurately predict relevant Show less Read more
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