Der Spiegel
Meta Surprises with Good Numbers for the First Quarter
The Facebook company Meta has started the new year with good numbers. Now, investments in data centers are expected to increase significantly.
2025-05-01 04:40:12
Business
Meta's Impressive First Quarter Performance
Meta, the parent company of Facebook, reported a remarkable first quarter in 2025, achieving a net profit of $16.6 billion, a significant increase of over one-third from the previous year. The company's revenue rose by 16% to $42.3 billion, primarily fueled by soaring advertising revenues.
This growth reflects Meta's effective use of AI-driven software, which has enhanced ad impressions and pricing. Despite facing a potential antitrust lawsuit in the U.S. and regulatory challenges in the EU, Meta plans to ramp up investments in data centers, targeting between $64 billion and $72 billion to stay competitive in artificial intelligence.
The company projects continued revenue growth of $42.5 billion to $45.5 billion for the upcoming quarter, demonstrating resilience amid economic pressures. Furthermore, a decrease in tax burdens has contributed to the robust profit margins, showcasing Meta's strong financial management.
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