“Tech Giant Meta earns $5.7 million in Q1 2023 despite restructuring costs”

The American technological Metaowner of Facebook, Instagram and WhatsApp, announced this Wednesday that it won US$5.709 million in the first quarter of 2023, 24% less year-on-year.

The company directed by Mark Zuckerberg had a turnover of US$28.645 millones between January and March, 3% more than in the same period of the previous year, but its costs increased by 10% due, in part, to its process of restructuringaccording to a statement.

Zuckerberg, quoted in the note, stressed that the job of Meta in the field of artificial intelligence (AI) is driving some “good results” in the applications and businesses of the companywhich is becoming “more efficient”, fast and strong in the long term.