Tag: facebook

Meta Is Down 23% Post-Market, What Happened?

Today, Meta released its Q4 2021 earnings and this is what happened: Despite beating revenue estimates, the company missed on EBIT and EPS estimates. The operating margins compression was largely a result of a temporary increase in general & administrative expenses (primarily legal related expenses which tends to be lumpy) and to a lesser extent a mild increase in R&D and marketing expenses , which ...

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Facebook Q2 2021 Earnings Breakdown

Earnings Highlight (Italics are my comments) Revenue increased 56% year-over-year (YOY) to $28.6 billion. Amazing how long of a runway they have on their advertising business alone, and they have many optionalities embedded within the business (e.g. AR/VR, payments, commerce)Operating income increased 107% YOY to $12.4 billion Largely from operating leverage, as their cost on security and R&D spreads over a large pool. Facebook’s operating ...

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Facebook’s Q1’20 Earnings Update

Increased engagement due to shelter-in-place measures but some of this increased engagement will be lost once measures are relaxed in the future. Engagement increased by ~10% YOY across all measurements, compared to ~7% in the previous period. Demonstrating that Facebook's attractiveness as a platform for users to connect with their friends and family.

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