Meta Q4 earnings: revenue down but Reels is working

Meta announced Q4 2022 earnings yesterday: it beat analyst estimates on revenue, generating $32.2BN in revenue versus consensus of $31.5 billion. The company also registered 4% growth in global DAU for the Facebook Blue app, reaching 2BN DAU for the first time and the Family of Apps Daily Active People (DAP) metric nearing 3BN. Ad […]

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