Facebook Meta earnings reports for Q4 2021 decreased

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Meta (formerly Facebook) has posted its fiscal Q4 results and the overall buzz resulted in a decrease of more than 20% in share price in after-hours trading. Earnings per share for Q4 fell short of forecasts ($3.67 versus $3.84 according to Refinitic via CNBC) though revenue was $33.67 billion, just over the forecasted $33.4 billion via CNBC.

Meta earnings reports for Q4 2021 are in, Zuckerberg focuses on monetizing Reels and building metaverse
Meta’s daily and monthly active users also fell short of expectations, with 1.93 billion DAUs (daily active users) compared to 1.95 billion (according to Street Account via CNBC), and 2.91 billion MAUs (monthly active users) compared to the expected 2.95 billion (via CNBC.

Meta’s Family of Apps includes Facebook, Instagram, WhatsApp, and Messenger, all of which raked in $32.79 billion with an operating income of $15.89 billion. Meanwhile, it’s Reality Labs division (including R&D for AR/VR applications and hardware sales of Oculus products and solutions) made $877 million in revenue but has an operating loss of $3.3 billion.