Meta Platforms, Inc. Class A Common Stock

- **$META** first y-on-y decline in quarterly revenue since it went public with a significant drop in operating margin (from 43% to 29%).

- DAP, MAP, DAU & MAU metrics marginally increased.

- Ad impressions ⬆️ by 15% but price per ad ⬇️ by 14%.

- Q3 2022 total revenue expected to be in the range of $26-28.5 billion due to continuation of the weak advertising demand environment.

- Management also expects a 6% headwind from FX in Q3.



Correction. “Continuing weak advertising demand environment” ** on Facebook platforms

$META earnings highlights 

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