Facebook Parent Expected to Report Fourth Straight Quarter of Falling Sales – WSJ

Meta Platforms faces weak advertiser demand and privacy headwindsApril 26, 2023 5:30 am ETFacebook 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.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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