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Meta shares soar almost 20% after fourth-quarter earnings released
Social media and metaverse giant Meta Platforms (NASDAQ: META) announced fourth-quarter financial results after the market closed. The Earni Show More
Social media and metaverse giant Meta Platforms (NASDAQ: META) announced fourth-quarter financial results after the market closed. The Earnings Highlights are below:  


● Meta Platforms reported fourth-quarter revenue of $32.17 billion, down 4% year-over-year.

● Meta Platforms reported fourth-quarter earnings per share of $1.76, missing a Street estimate of $2.22.  

● Facebook daily active users (DAUs) – DAUs were 2.00 billion on average for December 2022, an increase of 4% year-over-year.

● Facebook monthly active users (MAUs) – MAUs were 2.96 billion as of December 31, 2022, an increase of 2% year-over-year.

● Costs and expenses – Total costs and expenses were $25.77 billion and $87.66 billion, an increase of 22% and 23% year-over-year for the fourth quarter and full year 2022, respectively.


1. Do you feel satisfied with the latest earnings results?

2. What's your opinion or analysis about the company?
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