Closing Bell Overtime: The Fed, Facebook & a Big Rally 7/27/22
Closing Bell
00:00
The Revenue Growth Rate Is Declining, and That's What's Worse
The company reported revenue of 28 point eight two billion, versus the 28 point nine four billion that analysts estimated. Earnings also missing, coming in at two dollars and forty six cents, versus the two dollars and 59 cents that analyst had estimated. Also looking at daily active users, the daily active users were a slight beat. U one point nine seven billion d a us, just a hair ahead of the one point nine six billion estimated m a us.
Play episode from 08:01
Transcript
