Meta reports strong Q1 results and raised its AI spending
Meta Platforms delivered another quarter of strong financial results on Wednesday, reporting first quarter 2026 earnings per share of $10.44 on revenue of $56.31 billion. Wall Street had expected adjusted earnings of $8.15 per share on revenue of $55.5 billion. The company beat on both counts. Its stock fell roughly 5% in after-hours trading regardless. […] The post Meta reports strong Q1 results and raised its AI spending appeared first on Rolling Out.
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Meta Platforms delivered another quarter of strong financial results on Wednesday, reporting first quarter 2026 earnings per share of $10.44 on revenue of $56.31 billion. Wall Street had expected adjusted earnings of $8.15 per share on revenue of $55.5 billion. The company beat on both counts. Its stock fell roughly 5% in after-hours trading regardless. […]
The post Meta reports strong Q1 results and raised its AI spending appeared first on Rolling Out.
