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About Q3 2022 Earnings Presentation
The document summarizes Meta's (formerly Facebook) earnings results for Q3 2022. It shows that advertising revenue decreased slightly both globally and in the US & Canada region compared to the previous quarter. Reality Labs (Meta's VR business) continued to lose money, with an operating loss of $3.7 billion for Q3 2022. Overall, Meta's total revenue was $27.7 billion for Q3 2022, with a net income margin of 20%, down from previous quarters.
Detailed Information
Author: | ['Zerohedge'] |
---|---|
Publication Year: | 2022 |
Pages: | 21 |
Language: | English |
Format: | |
Price: | FREE |
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