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Re:Meta Earning Results Q3 2022 [pdf] by onlyrealcuzzo on Wednesday October 26, 2022 @04:23PM (#33348895)
Revenue is flat in the US - yet dollars are down ~8% - so adjusted for inflation - revenue is down considerably.
Re:Meta Earning Results Q3 2022 [pdf] by acchow on Wednesday October 26, 2022 @04:54PM (#33349304)
Don't they report earnings in constant dollars?
Re:Meta Earning Results Q3 2022 [pdf] by jsemrau on Wednesday October 26, 2022 @05:33PM (#33349815)
Not sure what "constant dollars" are, but I did Board Reporting for a Fortune 25 company and we used a 3 month average to limit the impact of sudden fluctuations.
Re:Meta Earning Results Q3 2022 [pdf] by onlyrealcuzzo on Wednesday October 26, 2022 @05:33PM (#33349810)
No.
Re:Meta Earning Results Q3 2022 [pdf] by NovemberWhiskey on Wednesday October 26, 2022 @05:45PM (#33349956)
That's not how anyone reports on this; you don't deflate your revenues for changes in the value of money.