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
Key takeaways from General Mills’ Q3 2023 earnings report
Shares of General Mills Inc. (NYSE: GIS) were up nearly 3% on Thursday after the company delivered better-than-expected results for the third quarter of 2023 and raised its full-year guidance
FIVE Stock: Five Below is likely to continue the good show this year
For Five Below Inc. (NASDAQ: FIVE), the holiday season was more rewarding than expected as the high inflation and stressed personal finances made customers seek value. Earlier, the discount store
Earnings: Chewy (CHWY) swings to profit in Q4 on higher revenues
Chewy Inc. (NYSE: CHWY) has reported higher sales for the fourth quarter of 2022. Reflecting the strong top-line growth, the pet food company turned to profit from a loss last
