Meta Platforms, Inc. (META) Q1 2025 Earnings Call

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WEBVTT 00:00:00.149 -- 00:00:04.395 Good afternoon. My name is Krista and I will be your conference operator today. 00:00:04.395 -- 00:00:09.742 At this time, I would like to welcome everyone to the META first quarter earnings conference 00:00:09.742 -- 00:00:14.408 call. All lines have been placed on mute to prevent any background noise. 00:00:14.408 -- 00:00:17.733 After the speaker's remarks, there will be a question and answer session. 00:00:17.733 -- 00:00:22.920 If you would like to ask a question, please press star one on your telephone keypad. 00:00:22.920 -- 00:00:25.864 To withdraw your question, again, press star one. 00:00:25.864 -- 00:00:28.600 We ask that you limit yourself to one question. 00:00:28.600 -- 00:00:32.084 And this call will be recorded. Thank you very much. 00:00:32.084 -- 00:00:36.008 Kenneth Durrell, Meta's Director of Investor Relations. 00:00:36.008 -- 00:00:37.831 You may begin. 00:00:37.831 -- 00:00:42.756 Thank you. Good afternoon and welcome to Meta's first quarter 2025 earnings conference 00:00:42.756 -- 00:00:47.782 call. Joining me today to discuss our results are Mark Zuckerberg, CEO, and 00:00:47.782 -- 00:00:49.844 Susan Lee, CFO. 00:00:49.844 -- 00:00:53.709 Our remarks today will include forward-looking statements, which are based on assumptions 00:00:53.709 -- 00:00:59.050 as of today. Actual results may differ materially as a result of various factors, including 00:00:59.050 -- 00:01:04.099 those set forth in today's earnings press release and in our annual report on Form 10-K 00:01:04.099 -- 00:01:06.143 filed with the SEC. 00:01:06.143 -- 00:01:10.130 We undertake no obligation to update any forward-looking statement. 00:01:10.130 -- 00:01:14.378 During this call, we will present both GAAP and certain non-GAAP financial...