Meta Platforms To Focus On Profitability Again | FB Stock

In the aftermath of disappointing earnings reports from Snap (SNAP) and Google (GOOG), investors were bracing for the worst ahead of Meta Platforms (FB) Q1 earnings. But Meta did the complete opposite by posting a surprising and sizable EPS beat, despite missing on the top line, as revenue grew by a decent 6.5%. The term that best describes Meta’s performance is "better-than-feared", which was good enough to spark a rebound of nearly 18%. But there is more to this story...

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