Meta Platforms, Inc. (NASDAQ: META) reported second quarter 2022 earnings results today. Total revenue dipped 1% year-over-year to $28.8 billion. Net income decreased 36% to $6.7 billion while EPS dropped 32% to $2.46. For the third quarter of 2022, revenue is expected to range between $26-28.5 billion. Both the top and bottom line numbers missed […]
“Meta Platforms, Inc. (NASDAQ: META) reported second quarter 2022 earnings results today. Total revenue dipped 1% year-over-year to $28.8 billion. Net income decreased 36% to $6.7 billion while EPS dropped 32% to $2.46. For the third quarter of 2022, revenue is expected to range between $26-28.5 billion. Both the top and bottom line numbers missed […]
· July 27, 2022
Meta Platforms, Inc. (NASDAQ: META) reported second quarter 2022 earnings results today.
Total revenue dipped 1% year-over-year to $28.8 billion.
Net income decreased 36% to $6.7 billion while EPS dropped 32% to $2.46.
For the third quarter of 2022, revenue is expected to range between $26-28.5 billion.
Both the top and bottom line numbers missed estimates causing the stock to drop over 1% in after-market hours on Wednesday.
