Earnings

Facebook-parent Meta (FB) Q4 2021 earnings

0


Facebook shares tumbled more than 20% in extended trading on Wednesday after the company reported disappointing earnings, gave weak guidance and said user growth has stagnated.

Here are the results:

  • Earnings per share: $3.67 vs $3.84 expected, according to a Refinitiv survey of analysts
  • Revenue: $33.67 billion vs $33.4 billion expected, according to Refinitiv

Facebook also missed estimates with user numbers.

  • Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected by analysts, according to StreetAccount
  • Monthly Active Users (MAUs): 2.91 billion vs 2.95 billion expected by analysts, according to StreetAccount
  • Average Revenue per User (ARPU): $11.57 vs $11.38 expected by analysts,…



Source cnbc.com

0 0 votes
Article Rating

Housing wealth is setting new records for both owners and sellers

Previous article

Long-term unemployment tumbles in January

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings