(Reuters) – Meta Platforms Inc forecast second-quarter revenue above market expectations on Wednesday as the digital advertising market shifts to tried and tested platforms such as Facebook and Instagram at a time of increasing economic uncertainties.
The company expects current-quarter revenue between $29.5 billion and $32 billion, compared with analysts’ estimates of $29.53 billion, according to Refinitiv data.
(Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur)
