Meta Platforms Inc - Ordinary Shares - Class A

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Layoffs, Share Repurchases, Other Pre-Announcement

Meta Reports Fourth Quarter And Full Year 2022 Results

Published: 02/02/2023 00:01 GMT
Meta Platforms Inc - Ordinary Shares - Class A (META) - Meta Reports Fourth Quarter and Full Year 2022 Results.
Facebook Daily Active Users (daus) - Daus Were 2.00 Billion on Average for December 2022, an Increase of 4% Year-over-year.
Anticipate Our Full-year 2023 Total Expenses Will Be in Range of $89-95 Billion.
Headcount Was 86,482 As of December 31, 2022, an Increase of 20% Year-over-year.
Sees 2023 Capital Expenditures to Be in Range of $30-33 Billion.
Facebook Monthly Active Users (maus) - Maus Were 2.96 Billion As of December 31, 2022, an Increase of 2% Year-over-year.
Now Expect to Record an Estimated $1 Billion in Restructuring Charges in 2023.
Sees Restructuring Charges in 2023 Related to Consolidating Our Office Facilities Footprint.
Qtrly Advertising Revenue $ 31,254 Million Versus $32,639 Million.
Total Restructuring Charges Recorded Under Our Foa Segment Were $3.76 Billion and Rl Segment Were $440 Million During Q4 of 2022.
Reduced Capital Expenditures Outlook Reflects Our Updated Plans for Lower Data Center Construction Spend in 2023.
Expect Our Full-year 2023 Tax Rate Percentage to Be in Low Twenties.
May Incur Additional Restructuring Charges As We Progress Further in Our Efficiency Efforts.
Impact of Severance and Other Personnel Costs Recorded in Q4 of 2022 Was Not Material.
Meta Platforms- Q1 2023 Total Revenue Guidance Assumes Foreign Currency Will Be an About 2% Headwind to Year-over-year Total Revenue Growth in Q1.