Meta Platforms Inc - Ordinary Shares - Class A

NASDAQ:META   1:46:09 PM EDT
109.21
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Other Pre-Announcement

Meta Platforms Keeps Q4 Revenue Outlook Unchanged

Published: 11/09/2022 11:32 GMT
Meta Platforms Inc - Ordinary Shares - Class A (META) - Meta Platforms Inc - Our Outlook for Q4 2022 Revenue of $30-32.5 Billion is Unchanged.
Meta Platforms Inc - Anticipate That Reality Labs Operating Losses in 2023 Will Grow Significantly Year-over-year.
Meta Platforms Inc - Updating Our 2023 Capital Expenditures Outlook to Be in Range of $34-37 Billion, Narrowed From $34-39 Billion.
Meta Platforms Inc - We Expect to Record in Q4 of 2022 As Well As Previously Announced $900 Million in Estimated Charges.
Meta - Our 2022 Expense Outlook of $85-87 Billion Also Remains Unchanged & Includes Estimated Severance-related Costs We Expect to Record in Q4 of 2022.
Meta Platforms Inc - Continue to Refine Our Investment Plans and Update Our Guidance As Appropriate Throughout the Year.
Meta Platforms Inc - Now Expect 2023 Total Expenses to Be in Range of $94-100 Billion.
Meta Platforms - 2022 and 2023 Expense Outlooks Provided on Q3 2022 Earnings Conference Call Contemplated Financial Impact of Layoff Announced Today.
Meta Platforms - Estimated Impact of Charges Related to Severance Expect to Record in Q4 2022, Net of Reduced Accruals for Employee Costs, is Not Material.
Meta - Updated Range Reflects Plan to Add Fewer Employees in 2023 Than Expected As Co is Significantly Slowing Hiring Trajectory in Beginning of 2023.
Meta - Expect to Record in Q4 As Well As Previously Announced $900 Million in Estimated Charges Related to Consolidating Our Office Facilities Footprint.