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Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 14%+ (Meta)

Meta:
Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 14%+  —  MENLO PARK, Calif., April 27, 2022 /PRNewswire/ — Meta Platforms, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2022.



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