Facebook owner Meta was given the thumbs up by Wall Street last night after delivering better-than-expected first quarter results.
Revenues of £22.9billion were 3 per cent up on the same period last year while a second quarter sales forecast up to £26billion also beat analysts’ forecasts.
Profits however were down by 24 per cent to £4.6billion after it took a £917million hit for major restructuring as thousands of employees were laid off.
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