Facebook (META) has dropped its Q2 2022 financial results today and, among the interesting nuggets of info, was how ad revenue came in at $28.15 billion. Additionally, ad impressions increased by 15 percent year-over-year while the average price per ad decreased by 14 percent year-over-year.
Looking ahead at the third quarter, it’s noted in the report that the outlook reflects a continuation of the “weak advertising demand environment experienced throughout the second quarter.”
For more on these stats and other metrics for Facebook (META)’s second quarter, be sure to read through the full Q2 2022 report. You can also check out some of our other coverage including how Facebook (META)'s Q2 2022 earnings results missed EPS and revenue estimates.
Morgan Shaver posted a new article, Facebook (META) Q2 2022 ad revenue came in at $28.15 billion
Only 28.5 billion? Holy shit, they’re basically paupers! WHAT WILL THEY DO?!