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

Meta Platforms Q3 2022 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

Mattel (MAT): A look at the toymaker’s expectations for the year

Shares of Mattel, Inc. (NASDAQ: MAT) were up slightly on Thursday. The stock has gained 20% year-to-date and 19% over the past three months. There is a level of optimism

Earnings Preview: Paychex likely to report higher Q1 revenue and profit

Paychex Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is all set to publish operating results for the first three months of fiscal 2024. The company has

DRI Earnings: Key quarterly highlights from Darden Restaurants’ Q1 2024 financial results

Darden Restaurants, Inc. (NYSE: DRI) reported first quarter 2024 earnings results today. Total sales increased 11.6% to $2.73 billion compared to the same period last year. Blended same-restaurant sales were

Add Comment
Viewing Highlight