Published 11 days ago

Meta Reports First Quarter 2024 Results - Meta Platforms (NASDAQ:META)

The Company's first-quarter loss per share is impacted by a reduced tax rate, leading to NOLs of $451 million and $969 million for federal and state taxes, respectively.
The Company holds $897 million in unrestricted cash, with total liquidity of $1.15 billion and debts of $1.75 billion.
The Company provides expectations for the quarter ending June 30, 2024, with anticipated changes compared to 2023 results, including freighter operation impacts.

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Benzinga

Meta Reports First Quarter 2024 Results - Meta Platforms (NASDAQ:META)

MENLO PARK, Calif., April 24, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended March 31, 2024. "It's been a good start to the year," said Mark Zuckerberg, Meta founder and CEO. "The new version of Meta AI with Llama 3 is another step towards building the world's leading AI. We're seeing healthy growth across our apps and we continue making steady progress building the metaverse as we…

11 days ago·New York, United States

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Financial Post

Jushi Holdings Inc. to Report First Quarter 2024 Financial Results on May 9, 2024

BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) —

10 days ago·Canada

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Spiegel

Tesla quarterly figures: Quarterly revenue falls for the first time since 2020

Tesla is struggling with declining demand for e-cars and growing competition. This is now also evident in the sales of the US automaker.

12 days ago·Germany

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El Mundo

Tesla recorded a sharp drop in its revenues in the first quarter of 2024

Tesla announced a reduction in its quarterly profits for the first time since 2020, drawing a complex picture of what remains of the year for the...

12 days ago·Madrid, Spain

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El Tiempo Latino

Tesla reports a 9% drop in revenues in the first quarter of 2024

Tesla, the leading electric vehicle (EV) company, reported a 9% drop in revenues in the first quarter of 2024 this Tuesday. This is the most significant drop for the company since 2012. The drop in revenues is mainly due to lower sales and increased competition in the electric vehicle market.

12 days ago

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La Nación, Grupo Nación

Tesla recorded a 55% drop in net profits in the first quarter of 2024

In the first three months of the year, the group paid $21.300 million, 9% less than in the same period last year, and its net profit dropped to $1.300 million.

12 days ago

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