Meta Platforms, Inc.
Q1 2022 Earnings Call
Apr 27, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon. My name is France, and I will be your conference operator today. At this time, I would like to welcome everyone to the Meta first-quarter earnings conference call. [Operator instructions] The call will also be recorded.
Thank you very much. Ms. Deborah Crawford, Meta's vice president of investor relations, you may begin.
Deborah Crawford -- Vice President of Investor Relations
Thank you. Good afternoon, and welcome to Meta Platform's first quarter 2022 earnings conference call. Joining me today to discuss our results are Mark Zuckerberg, CEO; Sheryl Sandberg, COO; and Dave Wehner, CFO. Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward-looking statements.
Actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are set forth in today's press release and in our annual report on Form 10-K filed with the SEC. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events. During this call, we may present both GAAP and non-GAAP financial measures.
A reconciliation of GAAP to non-GAAP measures is included in today's earnings press release. The press release and an accompanying investor presentation are available on our website at investor.fb.com. And now I'd like to turn the call over to Mark.
Mark Zuckerberg -- Chief Executive Officer
All right. Hey, everyone, and thanks for joining us today. We made progress this quarter across a number of our priorities and our community continues to grow. More people use our services today than ever before, and I am proud of how our products are serving people across the world during what has been a difficult period for a lot of people.
I talked last quarter about some of the near-term challenges facing our business. Some are specific to Meta, like our transition to short-form video, which doesn't monetize as well for now but which we're quite optimistic about over the long term. Some are specific to our industry, like signal loss resulting from Apple's iOS changes, which is a meaningful headwind, but we also expect that with the right technology, investments will navigate OK over time. Other challenges are broader macro trends, like the softness in e-commerce after the acceleration we saw during the pandemic.