Meta will announce its 2022 fourth-quarter and full-year financial results today after the stock market closes on February 1, U.S. Eastern Time (February 2, Beijing time). After the financial report is released, Meta will hold a financial report conference call at 5:00 pm Eastern Time on February 1st (6:00 am Beijing Time on February 2nd) to discuss the results of the financial report.
According to The Block, Meta has lost more than $600 billion in market value since the company's market value began to decline at the end of 2021. Analyst Michael Nathanson's firm said it expects Reality Labs, Meta's Metaverse project, to lose $13.8 billion in 2022.