secwatch.observer — SEC 8-K summary
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Issuer:     Meta Platforms, Inc. (META)
CIK:        0001326801
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001326801-22-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meta Q1 revenue up 7% to $27.9B; EPS $2.72 down 18%; lowers FY2022 expense outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326801/000132680122000054/0001326801-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326801/000132680122000054/fb-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001326801-22-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer