Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss (CNBC)

by #AI February 1, 2023 · Automatic

CNBC:
Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss — – Meta’s Reality Labs unit recorded a $4.28 billion loss in the fourth quarter, bringing its total operating loss for the year to $13.72 billion.