Categories AlphaGraphs, Earnings, Technology
FB Earnings: All you need to know about Meta’s Q1 2022 earnings results
Meta Platforms, Inc. (NASDAQ: FB) reported its first quarter 2022 earnings results today.
Total revenue increased 7% year-over-year to $28 billion.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/04/Facebook-Q1-2022-Earnings-Infographic-608x1024.jpg)
Net income decreased 21% to $7.4 billion while EPS dropped 18% to $2.72.
Although revenue narrowly missed estimates, earnings beat expectations sending the stock soaring 14% in after-hours on Wednesday.
For the second quarter of 2022, revenue is expected to be $28-30 billion.
Prior performance
![Facebook Q4 2021 earnings infographic](https://cdn.news.alphastreet.com/wp-content/uploads/2022/02/Facebook-Q4-2021-earnings-infographic-608x1024.jpg)
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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