Meta earnings miss expectations, net income plummets 36%

Meta earnings miss expectations, net income plummets 36%

Facebook parent company Meta (META) reported its Q2 2022 earnings after the closing bell on Wednesday, falling shy of analysts’ expectations, and missing by a wide margin on its Q3 revenue forecasts. The quarter also marked the first year-over-year revenue decline for the social media company. Net income also fell 36% year-over-year.

Here are the most important numbers from the report versus what analysts were expecting, as compiled by Bloomberg.

  • Revenue: $28.8 billion versus $28.9 billion…


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