Friday, July 29, 2022

Meta concerned about next quarter as it faces its first-ever revenue drop

Total revenue, which consists almost entirely of ad sales, fell 1% to $28.8 billion in the second quarter ended June 30, from $29.1 billion last year. The figure slightly missed Wall Street's projections of $28.9 billion, according to Refinitiv. https://ift.tt/IKyPTaq

No comments:

Post a Comment

Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will start appearing on Facebook, Threads, and Instagram (Amanda Silberling/TechCrunch)

Amanda Silberling / TechCrunch : Joel Kaplan says Meta's US fact-checking program will be over by Monday, and Community Notes will st...