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$META Q1 '25 Earnings Results & Recap
Meta Platforms exceeded Q1 revenue estimates ($42.3B vs $41.34B) and EPS $6.43 vs. estimated $5.23, and increased CapEx to $64B-$72B. For the current quarter, the firm expects Q2 rev. $42.5-$45.5 v.s estimates for $44.06B. They also said they expected to spend about $1B less this year in total expenses, but spend $4-$7B more in CapEx.