Meta Platforms Q3 FY12/23 Earnings Review
Stupendous numbers from The Artist Formerly Known As Facebook
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Wen Recession?
If Microsoft is growing its $220bn revenue line at +13% this quarter, and Meta Platforms is growing its $127bn revenue line at +23% this quarter, that seems to mean that enterprise, consumer, and advertising spending is all in pretty good shape. And yet the R word continues to dominate proceedings in financial media. So we ask - Wen Recession? Not soon, in our view.
Numbers, valuation chart and stock price outlook to follow, for our Premium and Pro subscribers only.