- Meta Platforms press release (NASDAQ:META): Q4 GAAP EPS of $5.33 beats by $0.39.
- Revenue of $40.11B (+24.7% Y/Y) beats by $940M.
- Revenue was $40.11 billion and $134.90 billion, an increase of 25% and 16% year-over-year for the fourth quarter and full year 2023, respectively. Had foreign exchange rates remained constant with the same periods of 2022, revenue would have been $816 million and $374 million lower, an increase of 22% and 15% on a constant currency basis for the fourth quarter and full year 2023, respectively.
- Shares +7%.
- Family daily active people (DAP) – DAP was 3.19 billion on average for December 2023, an increase of 8% year-over-year.
- Family monthly active people (MAP) – MAP was 3.98 billion as of December 31, 2023, an increase of 6% year-over-year.
- Facebook daily active users (DAUs) – DAUs were 2.11 billion on average for December 2023, an increase of 6% year-over-year.
- Facebook monthly active users (MAUs) – MAUs were 3.07 billion as of December 31, 2023, an increase of 3% year-over-year.
- Ad impressions and price per ad – In the fourth quarter of 2023, ad impressions delivered across our Family of Apps increased by 21% year-over-year and the average price per ad increased by 2% year-over-year. For the full year 2023, ad impressions increased by 28% year-over-year and the average price per ad decreased by 9% year-over-year.
- expect first quarter 2024 total revenue to be in the range of $34.5-37 billion vs $33.87B consensus. Our guidance assumes foreign currency is neutral to year-over-year total revenue growth, based on current exchange rates.
- Meta’s board of directors declared a cash dividend of $0.50 per share of our outstanding common stock (including both Class A common stock and Class B common stock), payable on March 26, 2024 to stockholders of record as of the close of business on February 22, 2024.
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Sunday, July 27
Meta Platforms GAAP EPS of $5.33 beats by $0.39, initiates quarterly dividend (NASDAQ
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