Jonathan Vanian / CNBC:
Meta’s Reality Labs unit reports Q1 revenue down 51% YoY from $695M to $339M and operating loss up 35% YoY from $2.96B to $3.99B, after losing $13.72B in 2022 — – Meta’s Reality Labs unit had a $3.99 billion operating loss in the first quarter, after losing $13.72 billion last calendar year.
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