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Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B (Daniel Howley/Yahoo Finance)

Daniel Howley / Yahoo Finance:
Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B  —  Facebook parent company Meta (FB) reported its Q1 2022 earnings on Wednesday, meeting expectations for revenue, but falling short on earnings per share.