Meta Platforms Knocks It Out The Park
Zuck 4, Doubters 0
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Zuckerberg Pulls It Out The Bag
Zuckerberg goes right up in our estimation for taking it on the chin about going off on a frolic of his own re the Metaverse, then sucking it up, cutting capex spend, firing everyone he met every day for months, yelling at everyone to sell more, and then showing up for parents' day with yesterday’s report.
Revenue growth turned around, EBITDA and cashflow margins and net cash turned around, and the company is calling for moonage next quarter.
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