Facebook Reports Lesser-Than-Expected 1.93 Billion Daily Active Users in Q4 2021, Meta Profit Slips

Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.

Feb 3, 2022 - 22:49
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Facebook Reports Lesser-Than-Expected 1.93 Billion Daily Active Users in Q4 2021, Meta Profit Slips
Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.