Meta’s Reality Labs division reports Q1 revenue of $339M, down from $695M YoY, and operating loss of $3.99B, up from a $2.96B loss YoY (Jonathan Vanian/CNBC)

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