earnings
confidence high
sentiment negative
materiality 0.85
Meta Q1 revenue up 7% to $27.9B; EPS $2.72 down 18%; lowers FY2022 expense outlook
Meta Platforms, Inc.
2022-Q1 EPS reported
$2.72
revenue$27,908,000,000
- Net income $7.47B (-21% YoY); diluted EPS $2.72 (-18% YoY); operating margin 31% vs 43%.
- Facebook DAUs 1.96B (+4% YoY); MAUs 2.94B (+3% YoY); ad impressions +15%, avg price -8%.
- FY2022 total expense outlook lowered to $87-92B (from $90-95B); capex unchanged at $29-34B.
- Q2 2022 revenue guidance $28-30B; CFO cites Ukraine war softness and ~3% FX headwind.
- Headcount 77,805 (+28% YoY); share repurchases $9.39B in Q1; cash & securities $43.89B.