Total Net Income Continued Operations Guru
: $33,630 Mil (TTM As of Jun. 2022)
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Meta Platforms's net income from continuing operations for the three months ended in Jun. 2022 was $6,687 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Jun. 2022 was $33,630 Mil.
Meta Platforms Net Income From Continuing Operations Historical Data
The historical data trend for Meta Platforms's Net Income From Continuing Operations can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Meta Platforms Net Income From Continuing Operations Calculation
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $33,630 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Meta Platforms Business Description
Traded in Other Exchanges
Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Meta refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Meta operates at a 30%-plus margin.
Executives
| Bosworth Andrew | officer: Chief Technology Officer | C/O META PLATFORMS INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
| Clegg Nicholas | officer: President, Global Affairs | C/O META PLATFORMS INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
| Xu Tony | director | C/O DOORDASH, INC. 303 2ND STREET, SOUTH TOWER, 8TH FLOOR SAN FRANCISCO CA 94107 |
| Levine Marne L. | officer: Chief Business Officer | C/O CHEGG, INC. 3990 FREEDOM CIRCLE SANTA CLARA CA 95054 |
| Cox Christopher K | officer: Chief Product Officer | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
| Andreessen Marc L | director | C/O ARNOLD & PORTER LLP 3 EMBARCADERO CENTER 7TH FLOOR SAN FRANCISCO CA 94111 |
| Chenault Kenneth I | director | AMERICAN EXPRESS COMPANY 200 VESEY STREET NEW YORK NY 10285 |
| Zients Jeffrey D | director | |
| Alford Peggy | director | 435 TASSO STREET PALO ALTO CA 94301 |
| Thiel Peter | director | 9200 SUNSET BOULEVARD SUITE 1110 WEST HOLLYWOOD CA 90069 |
| Houston Andrew | director | 333 BRANNAN STREET SAN FRANCISCO CA 94107 |
| Kimmitt Robert M | director | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
| Sandberg Sheryl | officer: Chief Operating Officer | 1 FACEBOOK WAY MENLO PARK CA 94025 |
| Killefer Nancy | director | 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042 |
| Travis Tracey Thomas | director |
Meta Platforms Headlines
Source: https://www.gurufocus.com/term/NetIncomeFromContinuingOperations/NAS:META/Net-Income-From-Continuing-Operations/Meta-Platforms
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