Meta Platforms Inc - Ordinary Shares - Class A

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Officer Changes, Other Pre-Announcement

Meta Reports Second Quarter 2022 Results

Published: 07/27/2022 20:30 GMT
Meta Platforms Inc - Ordinary Shares - Class A (META) - Meta Reports Second Quarter 2022 Results.
Qtrly Total Revenue $ 28,822 Million Versus $29,077 Million Reported Last Year.
Qtrly Earnings per Share $2.46.
Expect Third Quarter 2022 Total Revenue to Be in the Range of $26-28.5 Billion.
Expect 2022 Total Expenses to Be in the Range of $85-88 Billion.
Reduced Our Hiring and Overall Expense Growth Plans This Year to Account for the More Challenging Operating Environment.
Qtrly Advertising Revenue $28,152 Million Versus $28,580 Million Reported Last Year.
Dap Was 2.88 Billion on Average for June 2022, an Increase of 4% Year-over-year.
Expect 2022 Capital Expenditures, Including Principal Payments on Finance Leases, to Be in the Range of $30-34 Billion.
Map Was 3.65 Billion As of June 30, 2022, an Increase of 4% Year-over-year.
Daus Were 1.97 Billion on Average for June 2022, an Increase of 3% Year-over-year.
Maus Were 2.93 Billion As of June 30, 2022, an Increase of 1% Year-over-year.
Meta Platforms - Absent Any Changes to U.S. Tax Law, We Expect Our Full-year 2022 Tax Rate to Be Above the Second Quarter Rate and in the High Teens.
Q2 Earnings per Share View $2.59, Revenue View $28.94 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Revenue View $30.52 Billion -- Refinitiv Ibes Data (analyst estimates).
In Q2 of 2022, Ad Impressions Delivered Across Our Family of Apps Increased by 15%.
Headcount Was 83,553 As of June 30, 2022, an Increase of 32% Year-over-year.