{"id":438485,"date":"2022-04-28T02:18:27","date_gmt":"2022-04-27T23:18:27","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/meta-shares-soar-on-increase-in-facebook-daily-users\/"},"modified":"2022-04-28T02:18:27","modified_gmt":"2022-04-27T23:18:27","slug":"meta-shares-soar-on-increase-in-facebook-daily-users","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/meta-shares-soar-on-increase-in-facebook-daily-users\/","title":{"rendered":"#Meta shares soar on increase in Facebook daily users"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2884d970d82\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2884d970d82\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/meta-shares-soar-on-increase-in-facebook-daily-users\/#%E2%80%9CMeta_shares_soar_on_increase_in_Facebook_daily_users%E2%80%9D\" >&#8220;Meta shares soar on increase in Facebook daily users&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CMeta_shares_soar_on_increase_in_Facebook_daily_users%E2%80%9D\"><\/span>&#8220;Meta shares soar on increase in Facebook daily users&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> parent Meta\u2019s first quarter profit and its count of daily users jumped past Wall Street\u2019s expectations despite the company\u2019s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading.<\/p>\n<p>Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called\u00a0dis<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointing earnings, with profit below Wall Street\u2019s expectations. Google also reported a revenue growth slowdown, but for Meta this appeared to have been mitigated by an increase in daily active users that \u201cwas enough to send the shorts covering and the stock surging,\u201d said Jesse Cohen, senior analyst at Investing.com.<\/p>\n<p>\u201cThat being said, it was a mixed report overall as the social media giant continues to struggle with slowing revenue growth amid reduced ad spending amid the current inflationary environment,\u201d Cohen said.<\/p>\n<p>Apple\u2019s recent privacy changes to its iPhone software iOS have made it harder for companies like Meta to track people for advertising purposes, which also puts pressure on the company\u2019s revenue. For months now, Meta has been warning investors that its revenue can\u2019t continue to grow at the breakneck pace they are accustomed to, so it\u2019s likely that the quarter\u2019s single-digit revenue growth was already baked into investor expectations.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg2.jpg?w=1024\" alt=\"Meta logo\" class=\"wp-image-22061664\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Meta has been warning investors that its revenue can\u2019t continue to grow at the breakneck pace they are accustomed to.<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>CEO Mark Zuckerberg said in a conference call with analysts that the revenue acceleration Meta saw during the pandemic has now tapered off and the company will now \u201cslow the pace of some of our investments\u201d so it can continue to grow profits. This mainly refers to Meta\u2019s Reality Labs segment, which encompasses its futuristic \u201cmetaverse\u201d project. The company, which changed its name to Meta Platforms last fall, invested more than $10 billion in Reality Labs \u2014 which includes its virtual reality headsets and augmented reality <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> \u2014 in 2021.<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>The company earned $7.47 billion, or $2.72 per share, in the January-March period. That\u2019s down 21% from $9.5 billion, or $3.30 per share, in the same period a year earlier.<\/p>\n<p>Revenue rose 7% to $27.91 billion from $26.17 billion \u2014 the slowest growth rate in a decade for the online advertising powerhouse that <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly reports sales growth in the double digits.<\/p>\n<p>Analysts, on average, were expecting earnings of $2.56 per share on revenue of $28.28 billion, according to a poll by FactSet.<\/p>\n<p>\u201cMeta\u2019s ad business continues to face some very real challenges,\u201d said Jasmine Enberg, an analyst at Insider Intelligence. Facebook, of course, is no stranger to obstacles, but the iOS changes are the first direct threat to its ad business.\u201d<\/p>\n<p>That\u2019s in addition to competition from TikTok and changes in how people use social media that threatens Meta\u2019s prospects.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg3.jpg?w=1024\" alt=\"Meta logo\" class=\"wp-image-22061662\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg3.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg3.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg3.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>First-quarter revenue rose 7% to $27.91 billion from $26.17 billion \u2014 the slowest growth rate in a decade.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>In yet another sign that Meta is attempting to be more \u201cTikTok-like,\u201d Zuckerberg said during the call that users are starting to see \u201ca lot of other interesting content\u201d beyond posts from friends, family and accounts they follow on Facebook and Instagram as the platforms shift to AI-powered recommendations. In the past, users would only see posts from accounts they follow, but TikTok has shown that artificial intelligence can make for an effective recommendation engine that keeps people coming back for more.<\/p>\n<p>Facebook had 1.96 billion daily active users on average for March 2022, an increase of 4% year-over-year. While this is a positive sign following last quarter\u2019s dropoff, Insider Intelligence analyst Evelyn Mitchell pointed out that most of this growth came from outside the US and Canada, which makes less money for the company.<\/p>\n<p>Shares of the Menlo Park, California-based company rose $32, or more than 18%, to $207 in after-hours trading Wednesday. The stock has taken a hit this week amid <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> of Elon Musk\u2019s Twitter buyout and ended regular trading down 3.3% at $174.95.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/27\/meta-shares-soar-on-increase-in-facebook-daily-users\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Meta shares soar on increase in Facebook daily users&#8221; Facebook parent Meta\u2019s first quarter profit and its count of daily users jumped past Wall Street\u2019s expectations despite the company\u2019s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which&#8230;<\/p>\n","protected":false},"author":1,"featured_media":438486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/meta-earnings-zuckerberg1.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[122306,128553,70237,4974,5077,70360],"class_list":["post-438485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-meta","tag-4-27-22","tag-corporate-earnings","tag-facebook","tag-mark-zuckerberg","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=438485"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/438486"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=438485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=438485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=438485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}