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$Meta Platforms(META.US$
Meta just dropped its Q2 earnings like a surprise Beyoncé album, and boy, are investors loving it. Profits soared 73%, because apparently, all it takes to make money is to slap an ad on every digital inch of your life.
**Key Facts**
Meta’s Q2 revenue hit $39.1 billion, which is more than what analysts expected ($38.3 billion). And the net income? A cool $13.5 billion, laughing in the face of the $12...
Meta just dropped its Q2 earnings like a surprise Beyoncé album, and boy, are investors loving it. Profits soared 73%, because apparently, all it takes to make money is to slap an ad on every digital inch of your life.
**Key Facts**
Meta’s Q2 revenue hit $39.1 billion, which is more than what analysts expected ($38.3 billion). And the net income? A cool $13.5 billion, laughing in the face of the $12...
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What are you planning META? Something they want the market to be bullish about
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Let’s go ahead and call 2022 the year the FANG trade finally fizzled out. It was already on its last legs, to be sure; the stocks have changed so much the moniker doesn’t even make sense anymore. “F” is now Meta, “G” became Alphabet, “A” was Amazon but everyone often confused it for Apple, and Netflix had a horrific 2022.
In fact, their crash from the highs--which was summer 2021 for Amazon, fall of 2021 for the rest of them--has been so pronounced that on a five-ye...
In fact, their crash from the highs--which was summer 2021 for Amazon, fall of 2021 for the rest of them--has been so pronounced that on a five-ye...
Not a stretch to say -with the huge run in $Meta Platforms(META.US$ and nasdaq today , along with lackluster earnings from three big dawgs after hours. Market will be ugly tomorrow. Looking for shorts at the open and sell at the close. $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$
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$Meta Platforms(META.US$ Mark Zuckerberg laid out plans to further wrestle Meta’s costs under control in what he deemed a “year of efficiency” for the social media company, as its shares jumped on better than expected sales, guidance for lower expenses and a new $40bn share buyback.
Meta, which owns Facebook, Instagram and WhatsApp, reported fourth-quarter revenues of $32.2bn on Wednesday, a 4 per cent decline from the year before, but ...
Meta, which owns Facebook, Instagram and WhatsApp, reported fourth-quarter revenues of $32.2bn on Wednesday, a 4 per cent decline from the year before, but ...
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$Meta Platforms(META.US$ Q4 FY22:
• Daily active people +5% Y/Y to 2.96B.
• Revenue -4% Y/Y to $32.2B ($0.5B beat).
• Revenue +2% Y/Y fx neutral.
• Operating margin 20% (-17pp Y/Y).
• FCF margin 16% (-21pp Y/Y).
• EPS $1.76 ($0.48 miss).
Q1 FY23 guidance:
• Revenue ~$27.3B (in-line).
The company's stock bumped about 14% in after-hours trading.
Good headline numbers aside, there's a lot to question about Meta's r...
• Daily active people +5% Y/Y to 2.96B.
• Revenue -4% Y/Y to $32.2B ($0.5B beat).
• Revenue +2% Y/Y fx neutral.
• Operating margin 20% (-17pp Y/Y).
• FCF margin 16% (-21pp Y/Y).
• EPS $1.76 ($0.48 miss).
Q1 FY23 guidance:
• Revenue ~$27.3B (in-line).
The company's stock bumped about 14% in after-hours trading.
Good headline numbers aside, there's a lot to question about Meta's r...
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Meta $Meta Platforms(META.US$ just announced their Q4’2022 EPS of $1.76, falling short of analysts’ EPS estimate of $2.26. However, their revenue for the quarter was $32.17 bil, beating the widely expected $31.53 bil thanks to the revenue from Advertising, Family of Apps Revenue (i.e. Facebook, Instagram, WhatsApp) and Reality Labs.
Alongside the earnings announcement, Meta also authorized a $40 bil increase to its stock buyback plan. In 2022,...
Alongside the earnings announcement, Meta also authorized a $40 bil increase to its stock buyback plan. In 2022,...
Meta $Meta Platforms(META.US$ reported better-than-expected sales in the fourth quarter, with revenue at $32.2 billion, compared to Wall Street estimates of $31.6 billion. The company is focusing on becoming a more efficient organization and has declared 2023 as the "Year of Efficiency." CEO Mark Zuckerberg also mentioned that Meta is making progress with its investments in artificial intelligence, particularly for improving the videos...
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