Meta share price

2022 - 10 - 27

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Image courtesy of "Markets Insider"

Meta stock price: Shares tank 20% on earnings miss, revenue worries (Markets Insider)

Meta's metaverse-related Reality Labs lost $3.7 billion in the third quarter, taking losses this year to $9 billion, and a digital ads slowdown is hitting ...

That takes its total losses this year to $9 billion, and to almost $20 billion since the start of 2021. Google parent Alphabet's shares tumbled 9.6% Wednesday after its quarterly earnings report, as analysts warned that a decline in its YouTube and Google Network revenue pointed to more pain ahead. Its revenue for the quarter came in at $27.71 billion, compared with a $27.38 billion target, as sales dropped by 4%. That drop significantly outpaces the benchmark Shares in Meta were 20% lower at $103.79 at last check in premarket trading. It also reported billions of dollars of losses for its metaverse-linked Reality Labs unit, an investment that has come under fire from analysts.

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Image courtesy of "INDmoney"

Facebook (META) Q3 earnings: Meta quarterly results 2022 review (INDmoney)

Meta Q3 Results 2022: Meta stock plunged after it posted weak quarterly earnings. Check out Facebook quarterly results 2022, Meta q3 expenses and Facebook ...

Facebook quarterly results Analysts View: Analysts were not impressed with Meta’s quarterly numbers and have lowered its target share price. The highest target price is $466, and the lowest is $150. It expects 2022 total expenses to be in the range of $85-87 billion, updated from a prior outlook of $85-88 billion. Daily Active Users (DAUs) on Facebook were slightly higher in the third quarter compared to the previous quarter's DAUs of 1.97 billion. Meta quarterly results Future Guidance: The company expects fourth-quarter 2022 total revenue to be in the range of $30-32.5 billion. [Meta share price](https://www.indmoney.com/us-stocks/META/meta-platforms-inc) crashed to open 24% lower on Thursday. This includes an impairment loss of $413 million for certain operating leases. Facebook Q3 Earnings 2022: Facebook posted a net income of $4,4 billion, down 52% on year, missing analysts' estimates. As of September 30, 2022, it had $17.78 billion available and authorized for repurchases. Meta’s Reality Labs unit had an operating loss of $3.67 billion in the third quarter, compared with a loss of $2.63 billion a year earlier. Source: Facebook (Meta) Q3 presentation Slowdown in online ad spending, challenges from Apple’s iOS privacy update and increased competition from TikTok impacted its revenue and earnings.

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Image courtesy of "VentureBeat"

Meta share price plummets after Q3 earnings call (VentureBeat)

Meta, the parent company of Facebook and more, has reported its Q3 earnings for 2022. Share prices fell below $100 since 2016.

[Learn more](https://lcncsummit.venturebeat.com/page/2309397/register?utm_source=vb&utm_medium=speedbump&utm_content=Registration&utm_campaign=Speedbump). Reality Labs, which is developing the technology that underpins its [metaverse](https://venturebeat.com/virtual/the-creation-of-the-metaverse-whats-real-whats-hype-and-where-were-headed/) plans, has lost $9.4 billion in 2022 so far. We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. This marks a [second straight quarter of decline](https://venturebeat.com/games/meta-reports-q2-operating-loss-of-2-8b-for-its-metaverse-division/). Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Following the Q3 earnings call, Meta is trading at about 5-times its EBITDA. This often called a EV/EBITDA multiple. [Meta](https://venturebeat.com/ai/metas-new-make-a-video-signals-the-next-generative-ai-evolution/) has released its [Q3 earnings report](https://investor.fb.com/investor-events/event-details/2022/Q3-2022-Earnings/default.aspx) after stock markets closed Wednesday, reporting $27.7 billion of revenue. When a company is growing, investors will pay much more for stock than what the underlying company is earning today. This shows that investors see Meta as a mature company in its current form, not a growth engine. In Q3 2021, Meta brought in $9.55 billion after operating and capital expenses. Meta has doubled its capital expenditures compared to Q3 last year.

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Image courtesy of "Bloomberg"

Meta Plummets 25%; Zuckerberg Plea for 'Patience' Falls Flat (Bloomberg)

Meta Plummets 25%; Zuckerberg Plea for 'Patience' Falls Flat · Shares slump after revenue falls, forecast disappoints · Costs are skyrocketing as CEO bets big on ...

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