, posted upbeat financials today to Wall Street’s surprise and relief, beating on revenue and daily active users. Earnings fell but were hit by a $4,2 billion restrcuturing charge after laying off 11,000 people late last year.
Facebook’s daily active users of 2 billion at year end were up 4%. Monthy active users of 2.96 billion were up 2%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snap's earnings may hold positive news for Meta, GoogleA rise in a key advertising metric for Snap Inc that reported an otherwise insipid quarter could bode well for Facebook owner Meta Platforms and Alphabet , analysts said on Wednesday.
Source: Reuters - 🏆 2. / 97 Read more »
Exxon smashes Western oil majors' earnings record with $59 billion profit By Reuters⚠️BREAKING: *EXXON SHARES SLUMP AS Q4 REVENUE LAGS WALL STREET ESTIMATES DESPITE RECORD $59 BILLION PROFIT - $XOM 💥
Source: Investingcom - 🏆 450. / 53 Read more »
Exxon smashes Western oil majors' earnings record with $56 billion profit for 2022Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. 38 years of criminal lawlessness Well that is interesting. Prior to slamming them, I would want to know what the running average is as the news never reports their losses? I'm so glad all that gain sharing will trickle down to all their employees...
Source: Reuters - 🏆 2. / 97 Read more »
GM Surprises With Record 2022 Earnings Of $14.5 Billion | CarscoopsGM expects the success to continue into 2023 as the company gears up to launch a slew of new EVs
Source: Carscoop - 🏆 306. / 63 Read more »
Altria tops earnings estimates for Q4, board approves $1 billion share buyback programAltria Group Inc. said Wednesday it had net income of $2.690 billion, or $1.50 a share, in the fourth quarter, up from $1.624 billion, or 88 cents a share,...
Source: MarketWatch - 🏆 3. / 97 Read more »