Meta beats revenue, provides soft guidance
Posted: Jan 29, 2025
- Meta shares were slightly up in after-hours trading after the company beat revenue estimates
- Fourth-quarter sales jumped 21% year over year and net income grew 49%
- CEO Mark Zuckerberg expects 2025 to redefine the company's relationships with governments
- First-quarter revenue estimated to be $39.5 billion to $41.8 billion, slightly below analyst expectations
- Meta plans to invest between $60 billion and $65 billion in capital expenditures in 2025
- Reality Labs logged an operating loss of $5 billion but generated $1.1 billion in sales
- Meta AI now has 700 million monthly active users
- Zuckerberg expects AI chatbot to reach more than 1 billion users in 2025
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - While there is acknowledgment of soft future guidance, most of the discussion highlights the positive earnings results and strategic moves by Meta, leading to a generally optimistic view. Summarized comments: - Meta beats earnings expectations but provides soft guidance - Meta's revenue and earnings per share exceeded analyst estimates - Comments highlight skepticism towards Zuckerberg post-metaverse issues but appreciate cost-cutting measures - Soft guidance isn't seen as unusual for Meta, prompting strategic optimism - Earnings per share and free cash flow are both noted as strong despite increased capital expenditure - Zuck’s leadership is often humorously mentioned as effective - Some users joke about future acquisitions like TikTok Stock tickers discussed: $META
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