tax benefit

1 articles
The Motley FoolThe Motley Fool··Daniel Sparks

Meta's Earnings Mask Reality: $8B Tax Windfall Hides Slower Profit Growth

Meta's Q1 revenue surged 33% YoY, but an $8.03B tax benefit inflated earnings. Adjusted EPS grew just 14%, while capex guidance nearly doubled to $125-145B.
METAdata centerscapital expenditure