SAN FRANCISCO, April 30 (Xinhua) -- U.S. social media giant Meta Platforms, Inc., on Wednesday reported financial results for the first quarter ending March 31, 2025, with a total quarterly revenue of 42.3 billion U.S. dollars, an increase of 16 percent year on year.
The company's quarterly net income increased to 16.6 billion dollars, a leap of 35 percent. The diluted earnings per share for the quarter jumped to 6.43 dollars from 4.71 dollars in the same period of 2024, said Meta, the parent company of Facebook, Instagram and WhatsApp, and based in Menlo Park, California.
