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After the announcement of the fourth quarter performance, Meta's stock price soared nearly 20%.
Meta Platforms, a leading social media and metaverse company (NASDAQ: META), announced its fourth quarter earnings after the market close. The highlights of the earnings are as follows:
- Meta Platforms reported fourth quarter revenue of $32.1 billion, a 4% decrease compared to the same period last year.
- Meta Platforms' fourth quarter earnings per share were $1.76, below the street estimate of $2.22.
- Facebook's daily active users (DAU) - DAU averaged 2 billion in December 2022, a 4% increase compared to the previous year.
- Facebook's monthly active users (MAU) - MAU reached 2.96 billion as of December 31, 2022, a 2% increase compared to the previous year.
● Koss Corp and expenses - The total koss corp and expenses for the fourth quarter of 2022 was 25.77 billion dollars, and for the full year, it was 87.66 billion dollars, representing an increase of 22% and 23% respectively compared to the previous year.
1. Are you satisfied with this financial report?
2. What opinions and analysis do you have about this company?
- Meta Platforms reported fourth quarter revenue of $32.1 billion, a 4% decrease compared to the same period last year.
- Meta Platforms' fourth quarter earnings per share were $1.76, below the street estimate of $2.22.
- Facebook's daily active users (DAU) - DAU averaged 2 billion in December 2022, a 4% increase compared to the previous year.
- Facebook's monthly active users (MAU) - MAU reached 2.96 billion as of December 31, 2022, a 2% increase compared to the previous year.
● Koss Corp and expenses - The total koss corp and expenses for the fourth quarter of 2022 was 25.77 billion dollars, and for the full year, it was 87.66 billion dollars, representing an increase of 22% and 23% respectively compared to the previous year.
1. Are you satisfied with this financial report?
2. What opinions and analysis do you have about this company?
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