Meta Platforms Inc. under Mark Zuckerberg reported first-quarter revenue of $56.31 billion, surpassing analysts' expectations of $55.51 billion.

Q1 revenue for APPs Family was $55.91 billion, while analysts expected $55 billion. Q1 revenue for Reality Labs was $402 million, compared to analysts' expectations of $508 million. Q1 earnings per share (EPS) stood at $10.44, up from $6.43 in the same period last year. Full-year capital expenditure is projected to be $125 billion-$145 billion. Q2 revenue is expected to be $58 billion-$61 billion, while analysts anticipated $59.56 billion. Meta shares fell 5.32% in after-hours trading.Related articles:Meta's Q1 revenue was $56.31 billion, above analysts' expectations of $55.51 billion. Q2 revenue is expected to be $58 billion-$61 billion, while analysts expected $59.56 billion.