Categories AlphaGraphs, 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.

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

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Trxade (MEDS) is increasing the breadth of product offerings: CEO Suren Ajjarapu

Trxade Health Inc. (NASDAQ: MEDS) is an online pharmaceutical marketplace that provides a platform for independent pharmacies to operate more effectively. The company’s digital platform helps optimize drug procurement and

AMAT Stock: Is now the right time to invest in Applied Materials?

It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied

Here’s a look at Take-Two Interactive Software’s (TTWO) expectations for the coming year

Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top