Earnings release · META
Meta Platforms, Inc. · Filed · SEC Form 8-K, Item 2.02
Revenue climbed 26% year on year to $64.60 billion, and EPS was $3.83. The company lifted its guidance, which is usually read as management's view of coming periods improving.
Written automatically by Stocknote's note engine from the figures on this page and the company's previous release. Every number in this note is checked against those figures. Not investment advice.
$64.60 billion +26% vs a year ago
…Revenue – Revenue was $64.60 billion, an increase of 26% year-over-year on both a reported and constant currency basis.…
$3.83
…Diluted earnings per share (EPS) $ 3.83 $ 1.05 265 %.…
Guidance raised
…We are raising our expense outlook to incorporate the $9.9 billion charge related to legal proceedings recognized in the third quarter.…
Revenue grew 26%, but EPS rose only about 2% excluding a $9.89B legal charge. Capex passed operating cash flow, free cash flow turned negative, and net cash fell to $1.5B.
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