https://apnews.com/article/meta-facebook-earnings-profit-stock-1q-b38bc155ef8e3585415ce3df166d49f2

Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.

Meta reported that the monthly user base of its flagship platform — Facebook — inched close to 3 billion, and its revenue guidance for the current quarter was also above analyst estimates.