Meta Reports Q2 2022 Results

[engine]

Meta has reported its Q2 2022 results and its total revenues decreased by 1% to $28.8 billion, year-on-year, with net income of $8.35 billion, down 32% year-on-year.

This appears to be the company's first reported quarterly decline.
It refers to weak advertising for the period, and the coming quarter.

Family daily active people (DAP) – DAP was 2.88 billion on average for June 2022, an increase of 4% year-over-year.

Family monthly active people (MAP) – MAP was 3.65 billion as of June 30, 2022, an increase of 4% year-over-year.

Facebook daily active users (DAUs) – DAUs were 1.97 billion on average for June 2022, an increase of 3% year-over-year.

Facebook monthly active users (MAUs) – MAUs were 2.93 billion as of June 30, 2022, an increase of 1% year-over-year.

Ad impressions and price per ad – In the second quarter of 2022, ad impressions delivered across our Family of Apps increased by 15% year-over-year and the average price per ad decreased by 14% year-over-year.

[investor.fb.com...]

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