Meta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers [MSNBC.com]
FactSet Research Systems Inc. (FDS)
Last factset research systems inc. earnings: 3/26 07:01 am
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Source: MSNBC.com
MetaMeta attributed its quarter-over-quarter drop in users in part to "internet disruptions in Iran."Here's how the company did, compared with estimates from analysts polled by LSEG: per share climbed 33% from $42.3 billion a year earlier, marking the fastest quarter for growth since 2021. The jump reflects Meta CEOMark Zuckerberg'sZuckerberg has spent the past three months continuing his company's deeper push into following a strategy shift and talent overhaul that he initiated in June with the $14.3 billion investment in Scale and the hiring of CEO Alexandr Wang.The company reported first-quarter daily active people, or DAP, of 3.56 billion, a 4% increase from the previous year but a more than 5% drop from the fourth quarter. Wall Street was projecting that DAP would come in at 3.62 billion.Meta said in the war in Iran and "a restriction on access to WhatsApp in Russia" were to blame. Meta and three other hyperscalers —AlphabetAmazonMicrosoftupdating investors forCapital expenditu
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FDS
Earnings
- 3/31/26 - Beat
FDS
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/22/26 - Form 3
- 4/8/26 - Form 8-K
- FDS's page on the SEC website