Categories AlphaGraphs, Earnings, Technology
META Earnings: All you need to know about Meta Platforms’ Q4 2022 earnings results
Meta Platforms, Inc. (NASDAQ: META) reported fourth quarter 2022 earnings results today.
Revenue declined 4% year-over-year to $32.17 billion.
Net income fell 55% to $4.6 billion while EPS dropped 52% to $1.76 compared to last year.
The top line beat estimates but the bottom line missed expectations.
Daily active users increased 2% YoY while monthly active users increased 4% YoY.
Total revenue for the first quarter of 2023 is expected to be $26-28.5 billion.
The stock soared 17% in after-market hours on Thursday.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
ADBE Earnings: Adobe Q1 2024 revenue and profit beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in first-quarter 2024 revenue and earnings. The results also surpassed analysts' forecasts. First-quarter revenues came in at $5.18
Earnings Preview: FedEx (FDX) likely to report higher revenue and profit for Q3
FedEx Corporation (NYSE: FDX) delivered positive earnings performance and margin expansion in the first half of fiscal 2024, despite lower revenues. The cargo giant has been on a path of
Key takeaways from Dollar General’s (DG) Q4 2023 earnings report
Shares of Dollar General Corporation (NYSE: DG) fell over 4% on Thursday despite the company delivering better-than-expected earnings results for the fourth quarter of 2023. The top and bottom line numbers