Foreign media: Facebook parent company Meta's second quarter revenue fell, and net profit declined continuously

Zhongxin Jingwei, July 28. Comprehensive foreign media reports that Facebook's parent company Meta's second quarter revenue was US $ 28.82 billion, a decrease of 1%compared with the same period of 2021. This is the first time that the company's announcement of its quarterly revenue decreased from the same period of the previous year last year. Essence

The Wall Street Journal Chinese website reported on the 28th that Meta announced the net profit of the second quarter of the second quarter, which was $ 6.7 billion, which was the third quarter of a row of profit declines in the company. Since the fourth quarter of 2012, Meta has never experienced three consecutive quarters of profits.

The above report mentioned that Meta also disclosed that Facebook's daily active users increased to 1.97 billion, and the number at the end of the first quarter was 1.960 billion. This growth is expected to be left -handed with analysts receiving FACTSET surveys. They originally believed that the number of Facebook users would decline.

According to the FT Chinese website, Meta has blamed the macroeconomic pressure on the year -on -year revenue in the first quarter of revenue and told investors that as advertisers have reduced expenditures, the prospects are dim in the next few months.

"We seem to have entered an economic recession, which will have a wide range of impact on digital advertising business." The report quoted Meta CEO Zuckerberg, "It is difficult to predict how deeply or how long these cycles are. What I want to say is that the situation seems worse than before a quarter. "

The report pointed out that, like several other large technology companies, Meta said that the exchange rate pressure also had an impact on its income, especially the euro against the US dollar. Meta said that without the disadvantages of exchange rates, revenue will increase by 3%year -on -year. At the same time, the average price of each advertisement of META decreased by 14%compared with the same period last year.

The report also mentioned that Meta's total cost and expenditure in the second quarter increased by 22%. Despite the slowdown in the recruitment, the total number of employees increased by 32%year -on -year, and Zuckerberg said he would put the decision to layoffs to the heads of various teams. (Zhongxin Jingwei APP)

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