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Meta shares drop 20% on Q4 earnings miss, weak outlook

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Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#101

Post by [deleted] »

distrill wrote: post #76
gzer0 wrote: post #59

Here are the results that caused this: - Earnings per share: $3.67 vs $3.84 expected - Revenue: $33.67 billion vs $33.4 billion expected Facebook also missed estimates with user numbers. - Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected - Monthly Active Users (MAUs): 2.91 billion vs 2.95 billion expected - Average Revenue per User (ARPU): $11.57 vs $11.38 expected Future guidance was the biggest miss…

It's so confusing to me see headlines calling this a "huge earnings miss". Revenue was greater than expected, as was ARPU. I get that the users are under, but this seems pretty far from a huge miss, no?

[deleted]

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#102

Post by paulryanrogers »

WalterBright wrote: post #78
omot wrote: post #50

Earlier quoted context omitted.

Invisible hand? Yeah maybe when you're early-stage Capitalism, in late-stage it's all about the invisible knife.

This is ironic considering that Apple displaced the former unstoppable phone monopoly. Never mind that Walmart displaced the former unstoppable Sears monopoly, and Amazon did the same to Walmart. IBM which people predicted was unstoppable, was going to rule the world. IBM's descent into irrelevance (I B What?) has been profound. The only interesting thing is people still insist that this time it's gonna be different.

What phone monopoly did Apple disrupt? Nokia? Symbian? Java mobile? Palm? Blackberry?

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#103

Post by bobberkarl »

CultMember009 wrote: post #11

I think Meta and Tesla should consider merging because of the great synergy it will create. Imagine being driven to all your destinations while being plugged in to the Metaverse headset. You could enjoy beautiful sceneries while experiencing awesome real world g force. Tesla would also suddenly get billions more potential customers through their social network platforms. I would be so hyped!

Is this sarcasm?

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#104

Post by endisneigh »

nappy-doo wrote: post #42

The vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank…

poor guidance.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#105

Post by ProfessorLayton »

Really, really curious to see how all this market volatility will affect their talent pool. Losing almost all gains over the last 18 months will certainly cause some people to reconsider their tenure — I know I have since my company's (Not FB) stock has been hammered along with everyone else in the tech growth sector.

A lot of golden handcuffs are being unshackled right now

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#106

Post by mjfl »

JCM9 wrote: post #93

Facebook’s core business model appears to be in decline. They don’t have a very diversified revenue stream despite trying various side businesses. This is the market worried that Facebook’s best days are behind it. Facebook is betting the farm on the metaverse stuff but without meaningful financial results that’s not going to placate market concerns over what looks like a downhill future for the core businesses. Face…

> Facebook is betting the farm on the metaverse stuff

and it's an odd bet.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#107

Post by DannyBee »

distrill wrote: post #76
gzer0 wrote: post #59

Here are the results that caused this: - Earnings per share: $3.67 vs $3.84 expected - Revenue: $33.67 billion vs $33.4 billion expected Facebook also missed estimates with user numbers. - Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected - Monthly Active Users (MAUs): 2.91 billion vs 2.95 billion expected - Average Revenue per User (ARPU): $11.57 vs $11.38 expected Future guidance was the biggest miss…

It's so confusing to me see headlines calling this a "huge earnings miss". Revenue was greater than expected, as was ARPU. I get that the users are under, but this seems pretty far from a huge miss, no?

Thy also issued guidance that next quarter will come in under as well. Investors are looking for signs facebook is dying/not worth it.

Slow growth (the low end number on guidance for next quarter is 3% growth) and not making the DAU numbers support that thesis for them.

Live by the growth, die by the growth.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#108

Post by gonehome »

nappy-doo wrote: post #42

The vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank…

Betting against HN sentiment is usually a good way to make money.

I hope Zuckerberg pulls off Meta and what he's trying to do. He's an extremely good CEO, and the alternative is more power in the hands of TikTok and CCP controlled social media which I think is a lot worse.

I'm glad to see the investment they're making in trying to build a new platform, I hope we see AR hardware from Apple soon too.

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#109

Post by [deleted] »

ohashi wrote: post #58
nappy-doo wrote: post #42

The vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank…

We can't be critical of a company that makes people miserable? That weakens democracy? That enables violence and hate? Just because they make a lot of money we should be cheering? Oh wow, they made $11! Let's forget everything else.

[deleted]

Re: Meta shares drop 20% on Q4 earnings miss, weak outlook

#110

Post by ummonk »

sorry_outta_gas wrote: post #53
nappy-doo wrote: post #42

The vitriol on HN for FB is something else. The earnings for this company are truly staggering. They made 11$/user. Their earnings were up 34% year-over-year – on a base of 29B dollars. They made 10B more this year than they did last year, and the comments in here are all about, "boy Apple fucked them, and Meta suxor!" You people are nuts. While I don't love FB as an entity, as a business they are making fucking bank…

I get the feeling it's a lot of people bitter they failed the interview process

I worked at Facebook thinking it was trying to improve and have a positive impact on the world. Working there made me realize that the #1 goal was to increase active users, user engagement, and profitability, and having a responsible impact on the world would take a back seat to this. Additionally, it was clear that Zuck’s vision for the world is to create a universal platform through which the world connects and socializes, and the recent metaverse push is a dystopian continuation of this vision.
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