In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 billion in the period while bringing in $412 million in sales. Analysts were ...

Meta reported a $4.2 billion loss in Reality Labs, totaling over $60 billion since 2020. Reality Labs faced layoffs and struggles with declining revenue and underperforming Quest sales.

Meta is set to test all-time highs with upside from Reality Labs, store expansion, and VR content deals. Check out why META ...

Once again, the division has recorded a loss, this time losing $4.21 billion USD over Q1 2025. Source: Meta The numbers for Facebook Reality Labs, as well as the rest of Meta's quarterly earnings ...

Meta reported a $4.2 billion operating loss in its Reality Labs unit for the first quarter, continuing its multibillion-dollar bet on the metaverse, according to CNBC.

Meta is continuing to sink billions of dollars a quarter into the metaverse. Stream NBC 5 for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said its Reality ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 ...