Meta earnings: Stock spikes after better-than-expected revenue, buyback announcement

Meta earnings: Stock spikes after better-than-expected revenue, buyback announcement

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reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock buyback. Here's what the key numbers looked like, as compared to analysts' estimates compiled by Bloomberg.…

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