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Results of Meta Platforms for Q1: Earnings per share reached $10.44, surpassing expectations by $3.78.
Revenue reached $56.31 billion, a 33.1% annual growth, exceeding expectations by $760 million.
The number of daily active users across the family of apps (DAP) reached 3.56 billion users, a 4% annual increase.
The slight quarterly decline in users was due to internet outages in Iran and restrictions on WhatsApp in Russia.
⚪ The number of ad impressions increased by 19% annually.
⚪ The average ad price increased by 12% annually.
⚪ The company expects next quarter's revenue between $58–61 billion, compared to market expectations of $59.57 billion.
⚪ The guidance assumes a positive impact of foreign currencies of about 2% on revenue growth.
⚪ The company expects annual expenses for 2026 to be between $162–169 billion, unchanged from previous estimates.
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