Facebook parent Meta Platforms is expected to post its fourth quarter in a row of declining sales as it struggles with weak advertiser demand and increasing privacy headwinds
Facebook parent Meta Platforms Inc. is expected to post its fourth straight quarter of declining sales as it struggles with weak advertiser demand and increasing privacy headwinds.
Meta is expected to report first-quarter revenue of nearly $27.7 billion, according to analysts surveyed by FactSet. That would be down 0.7% compared with a year earlier. Meta has never reported four consecutive quarters of declining sales since going public in 2012.
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