Meta Surpasses Q1 Expectations, Shares Rise in After-Hours Trading

Facebook's and Instagram's parent company Meta exceeded expectations for the first quarter. The share is rising in after-hours trading. Even software giant Microsoft delivered a strong report.

» Published: April 30 2025 at 22:23

Meta Surpasses Q1 Expectations, Shares Rise in After-Hours Trading
Photo: Jeff Chiu/AP/TT

Meta reports a result per share of 6.43 dollars. Significantly higher than the analysts' expectations of 5.28 dollars, reports CNBC.

The turnover amounted to 42.3 billion dollars, compared to expected 41.4 billion dollars.

The share rises 3.5 percent in after-hours trading on Wall Street.

Software giant Microsoft also reports figures for the third quarter of a broken fiscal year that exceed market expectations, reports Bloomberg.

The result per share amounted to 3.46 dollars per share and the turnover landed at 70.1 billion dollars – an increase of 13 percent. The company's cloud platform delivered a 33-percent increase in turnover.

The analysts had on average counted on 3.21 dollars per share and 68.5 billion dollars.

The share rose around 6 percent in after-hours trading.

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By TTTranslated and adapted by Sweden Herald
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