Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021

Overall, Meta reported adjusted Q4 earnings per share of $3.67, falling short of the consensus analyst estimate of $3.85, according to FactSet, while revenue of $33.7 billion was just ahead of the consensus estimate of $33.4 billion. Meta’s guidance for first-quarter 2022 revenue also fell short, coming in at between $27 billion to $29 billion, compared with analysts’ expectations of $30.2 billion.

Source: https://www.coindesk.com/business/2022/02/02/meta-reports-a-loss-of-102b-on-augmentedvirtual-reality-operations-in-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines