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1、Meta Reports First Quarter 2024 ResultsMENLO PARK,Calif.April 24,2024 Meta Platforms,Inc.(Nasdaq:META)today reported financial results for the quarter ended March 31,2024.Its 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 st
2、ep towards building the worlds leading AI.Were seeing healthy growth across our apps and we continue making steady progress building the metaverse as well.First Quarter 2024 Financial HighlightsThree Months Ended March 31,%ChangeIn millions,except percentages and per share amounts20242023Revenue$36,
3、455$28,645 27%Costs and expenses 22,637 21,418 6%Income from operations$13,818$7,227 91%Operating margin 38%25%Provision for income taxes$1,814$1,598 14%Effective tax rate 13%22%Net income$12,369$5,709 117%Diluted earnings per share(EPS)$4.71$2.20 114%First Quarter 2024 Operational and Other Financi
4、al HighlightsFamily daily active people(DAP)DAP was 3.24 billion on average for March 2024,an increase of 7%year-over-year.Ad impressions Ad impressions delivered across our Family of Apps increased by 20%year-over-year.Average price per ad Average price per ad increased by 6%year-over-year.Revenue
5、Total revenue and revenue on a constant currency basis were$36.46 billion and$36.35 billion,respectively,both of which increased by 27%year-over-year.Costs and expenses Total costs and expenses were$22.64 billion,an increase of 6%year-over-year.Capital expenditures Capital expenditures,including pri
6、ncipal payments on finance leases,were$6.72 billion.Capital return program Share repurchases were$14.64 billion of our Class A common stock and dividends payments were$1.27 billion.Cash,cash equivalents,and marketable securities Cash,cash equivalents,and marketable securities were$58.12 billion as o