Meta has published its latest quarterly and annual financial statements results for 2022, and the results are… mixed for the company formerly known as Facebook. goal income slightly exceeded analysts’ expectations, but nonetheless the tech giant has not fully recovered from what has been the last difficult 12 months.

Immediately after the publication of the results, the value of Meta’s shares increased more than 17%, indicating renewed investor confidence. However, there is probably still a lot worth considering before jumping on the Meta-buying bandwagon.

The Big Points: Mark Zuckerberg expensive pivot attempt towards virtual reality continues to accelerate unabated. The company beat Wall Street revenue expectations by 2%. Yet Meta’s 2022 revenue continues to fall by more than 1%…