Meta Reports Second Quarter 2022 Results
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Meta Platforms (META) Announces Plans for Chief Financial Officer Transition and Chief Strategy Officer Appointment
July 27, 2022 4:08 PM EDTMeta Platforms (NASDAQ: META) announced:
Effective November 1, 2022, current Chief Financial Officer David Wehner will take on a new role as Meta's first Chief Strategy Officer, where he will oversee the company's strategy and corporate development. Susan Li, Meta's current Vice President... More
Meta Platforms (META) Misses Q2 EPS by 10c, Guidance Misses
July 27, 2022 4:06 PM EDTMeta Platforms (NASDAQ: META) reported Q2 EPS of $2.46, $0.10 worse than the analyst estimate of $2.56. Revenue for the quarter came in at $28.82 billion versus the consensus estimate of $28.94 billion.
Family daily active people (DAP) DAP was 2.88 billion on average for June 2022, an increase of 4% year-over-year.Family monthly active people (MAP) MAP was 3.65 billion as of June 30, 2022, an increase of 4% year-over-year.Facebook daily active users (DAUs) DAUs were 1.97 billion on average for June 2022, an increase of 3% year-over-year.Facebook monthly active users (MAUs) MAUs were 2.93 billion as of June 30, 2022, an increase of 1%... More