Facebook Earnings
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Facebook parent Meta tops 1st-quarter profit estimates, shares riseThe strong results come as Meta's tech rivals appeared to be climbing out from an industry-wide slump that has prompted more than 150,000 layoffs across the sector.MoneyApr 26, 2023
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Facebook’s Meta sees stock surge despite slowest revenue growth in a decadeMeta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with profit below Wall Street's expectations.EconomyApr 27, 2022
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Facebook just saw a drop in users for the 1st time. Will Instagram follow?Instagram, which Facebook acquired in 2012 for $1B, has been viewed as an antidote to slowing growth at Facebook, with revenue from ads on Instagram increasingly crucial to Meta.TechFeb 4, 2022
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Metaverse money: Facebook parent pulling back curtain on virtual world businessMeta plans to break out the results of its augmented and virtual-reality hardware unit, Reality Labs, but previously warned it wouldn't be profitable 'any time in the near future.'TechJan 31, 2022
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Facebook reports profit growth amid fallout from leaked documentsFacebook said its net income grew 17% in the July-September period to $9.19 billion, buoyed by strong advertising revenue.TechOct 25, 2021
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Facebook records double profit in Q2 thanks to online ad salesHowever, Facebook said that it doesn't expect revenue to continue to grow at such a breakneck pace in the second half of the year.TechJul 28, 2021
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Facebook earnings crush estimates, as mobile ads boost revenueFacebook posted stronger-than-expected results for its first quarter, helped by a growing number of users and higher advertising revenue, especially on mobile devices.MoneyApr 28, 2016
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How much are you worth to Facebook?Facebook's Q4 earnings results also showed that the average revenue per user (ARPU) is also on the rise. In other words, you are more valuable to Facebook than ever.CanadaJan 28, 2016
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