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Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B

Daniel Howley / Yahoo Finance : Tweets: @alexeheath , @alexeheath , and @alexeheath See also Mediagazer Tweets: Alex Heath / @alexeheath : Mark Zuckerberg on Meta earnings call moments ago: “with our current business growth levels, we are now planning to slow the pace of some of our investments” Shows the level of pressure he is under Alex Heath / @alexeheath : That said, Meta is still very much in the woodshed. 5 years of stock growth evaporated https://twitter.com/... Alex Heath / @alexeheath : Meta is clearly aware that investors fear it overspending on future stuff when the core biz is so challenged by Apple, TikTok, and other factors. https://twitter.com/... See also Mediagazer

Yahoo Finance Daniel Howley

Discussion

  • @alexeheath Alex Heath on x
    Mark Zuckerberg on Meta earnings call moments ago: “with our current business growth levels, we are now planning to slow the pace of some of our investments” Shows the level of pressure he is under
  • @alexeheath Alex Heath on x
    That said, Meta is still very much in the woodshed. 5 years of stock growth evaporated https://twitter.com/...
  • @alexeheath Alex Heath on x
    Meta is clearly aware that investors fear it overspending on future stuff when the core biz is so challenged by Apple, TikTok, and other factors. https://twitter.com/...