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!

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