Meta achieves $12.369bn BNA, ad revenue rises, but guidance looks sluggish
Bankinter: 1Q2024 results good, but guidance weak. The stock falls 15% in the aftermarket. Key figures vs. consensus (Bloomberg): Revenues $36.455M (up 27% year-on-year) vs. $36.125M consensus estimate and $34.500M/$37.000M by the Company, EBIT $13.818M (up 91%) vs. $13.400M and EBITDA $12.369M (up 117%) vs. $12.070M estimate. Daily active users reached 3,240M (up 7% year-on-year) vs. 3,190M in the previous quarter and 2,114M estimated. Average revenue per ad up 6%…
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