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Earnings breakdown and why FB stock is up 17% after hours: * Earnings per share: $2.72 vs $2.56 expected * Revenue: $27.91 billion vs $28.2 billion expecte
by gzer0 4y ago
Earnings breakdown and why FB stock is up 17% after hours:
* Earnings per share: $2.72 vs $2.56 expected
* Revenue: $27.91 billion vs $28.2 billion expected
* Daily Active Users (DAUs): 1.96 billion vs 1.95 billion expected
* Monthly Active Users (MAUs): 2.94 billion vs 2.97 billion expected
* Average Revenue per User (ARPU): $9.54 vs. $9.50 expected
As of market close today, FB shares had lost almost half their value in 2022.