Meta's (US.FB) Investors Get a Reality Check - 03 februarie 2022

For the first time since the company started reporting the metric as a public company, Facebook’s daily active users declined on a sequential basis in the fourth quarter. Further, Meta warned its first-quarter revenue would be more than $2 billion below Wall Street’s forecast at the midpoint of its guidance, noting impacts to both impression and price growth, specifically citing increased competition from video-first platforms like ByteDance’s TikTok.