Meta creator and CEO Mark Zuckerberg speaks throughout Meta Connect occasion at Meta head office in Menlo Park, California on September 27, 2023.
Josh Edelson|AFP|Getty Images
Meta beat on profits and earnings in its fourth-quarter report on Thursday and revealed its first-ever dividend payment. The stock leapt more than 8% in prolonged trading.
- Earnings: $5.33 per share. That might not compare to the $4.96 per share anticipated by LSEG, previously referred to as Refinitiv:
- Revenue: $401 billion. That might not compare to the $3918 billion anticipated by LSEG
Wall Street will likewise be taking a look at these essential user numbers:
- Daily active users (DAUs): 2.11 billion vs. 2.08 billion anticipated, according to Street Account
- Monthly active users (MAUs): 3.07 billion vs. 3.06 billion anticipated, according to Street Account
Meta stated it has actually stated its very first dividend, which is pegged at 50 cents. The business likewise revealed a $50 billion share buyback.
SEE: Meta CEO Mark Zuckerberg asks forgiveness to moms and dads at online kid security Senate hearing
