Meta reports 2.94 billion monthly active users, but long-term growth is slowing down.
On April 27th, Meta released its first quarterly financial report for 2022. With it, the company manages to defy the gloomy expectations of consumers and investors alike. The key takeaway - more users, more revenue, less growth.
After a certain period of stagnation and loss of users, Facebook seems to be once again gaining some, albeit limited, traction. The number of daily users also showcases a 4% net increase on a yearly basis. This also comes in the aftermath of the suspension of the social media platform in Russia.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Shares of Facebook parent Meta soar despite growth slowdownFacebook parent Meta's first quarter profit jumped past Wall Street expectations, earning $7.47 billion in the January-March period. It cut a sharp contrast with Google parent Alphabet, which reported what analysts called disappointing earnings.
Weiterlesen »
Facebook Parent Meta Posts Slowest Revenue Growth Since IPOFacebook parent Meta reported its slowest sales growth since going public, as the company navigates growing competition for users and privacy headwinds in its advertising business
Weiterlesen »
Facebook earnings beat sends Meta stock soaring, but sales hit slowest growth in a decadeFacebook Meta Platforms Inc. is the latest tech giant to feel an economic pinch. On Wednesday, it reported its slowest sales growth in a decade and issued...
Weiterlesen »
Meta Earnings Eyed as Tech Stocks Plummet - Will Facebook Get the Netflix TreatmentMeta Platforms, Facebook’s parent company, announces quarterly results after the closing bell. Analysts expect earnings per share of $2.58 on revenue of $28.28 billion. If earnings and corp. guidance disappoint, Netflix’s tragic fate could befall Facebook.
Weiterlesen »
Meta Shares Up Almost 20% Over Reduced Fears About Users, RevenueThe stock has lost half its value in a year over growth and revenue concerns.
Weiterlesen »
Meta to open first physical store next monthMedia company Meta Platforms, formerly Facebook, has announced its plans to open its first retail store next month.
Weiterlesen »