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Meta has unveiled its financial report for the first quarter of fiscal year 2025, revealing a remarkable revenue surge to $42.314 billion, marking a 16% year-over-year increase. Furthermore, the company's net profit has leapt significantly by 35% to $16.644 billion. Across all its applications, Meta boasts a total of 3.43 billion daily active users, with advertising revenue accounting for $41.392 billion. Notably, Meta AI's monthly active user base is edging closer to 1 billion. Looking ahead, the company forecasts revenue for the second quarter to fall within the range of $42.5 billion to $45.5 billion, while its full-year expenditure is projected to be between $113 billion and $118 billion, predominantly directed towards capital investments in artificial intelligence and data center infrastructure.
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