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by 650
2 days ago
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Stock is down quite a bit after hours. I think Meta still has a strong hold on the online advertising market, but growth from here is hard. Noteworthy stats:
EPS $6.18, missing the consensus expectation of roughly $7.14 due to heavy costs. One-Time Charges: Impacted by a $2.4 billion charge for legal proceedings and $1.18 billion in severance from recent workforce reductions. It's now down 16% over the past 12 months, and the stock is now the same price as Dec 2024 |
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