Meta sees profits soar in first quarter


by Japan Today

Japan Today— Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total

Royal Gazette | Bermuda—Chubb first quarter profits soar. Chubb Limited has reported first quarter net income of $2.14 billion, up 13.3 per cent from the comparative period last year, as consolidated net premiums written of $12.2 billion represented a 14.1 p

Upstream Online—US driller sees its fortunes flip from loss to profit in the first quarter. Deepwater driller Transocean flipped its first quarter performance from a $465 million loss a year ago to a $98 million profit in 2024,...

Wayfair Investor Relations—Wayfair - Wayfair Announces First Quarter 2024 Results, Reports Fourth Consecutive Quarter of Strong Profitability. Q1 Net Revenue of $2.7 billion with 22.3 million Active Customers Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total net revenue of $2.7 billion, decreased $45 million, down 1.6% year over year U.S. net revenue of $2.4 billion, decreased $24 million, down 1.0% year over year International net revenue of $338 million,...