Revenue

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Meta Q2 earnings: Facebook parent posts first revenue decline as a public company

August 27, 2022

Meta Q2 earnings: Facebook parent posts first revenue decline as a public company

Meta (FB), Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a […]

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Revenue Forecasting Committee Projects 9.7 Percent Increase in Revenues for FY 22-23 Biennium

November 23, 2021

Revenue Forecasting Committee Projects 9.7 Percent Increase in Revenues for FY 22-23 Biennium

Prudent fiscal administration, Federal pandemic aid, and rising costs are anticipated to extend receipts to the State’s Common Fund even within the face of flat tax charges Following its assembly right now, Maine’s nonpartisan Income Forecasting Committee (RFC) is predicted to improve the State’s Common Fund income forecast by roughly $822 million for Fiscal Years […]

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