Meta Platforms GAAP EPS of $1.76 misses by $0.48, revenue of $32.17B beats by $480M
Meta Platforms press release (NASDAQ:META): Q4 GAAP EPS of $1.76  misses by $0.48.
Revenue of $32.17B (-4.5% Y/Y)  beats by $480M.
Shares +10%.
Family daily active people (DAP) â DAP was 2.96 billion on average for December 2022, an increase of 5% year-over-year.
Family monthly active people (MAP) â MAP was 3.74 billion as of December 31, 2022, an increase of 4% year-over-year.
Facebook daily active users (DAUs) â DAUs were 2.00 billion on average for December 2022, an increase of 4% year-over-year.
Facebook monthly active users (MAUs) â MAUs were 2.96 billion as of December 31, 2022, an increase of 2% year-over-year.
We expect first quarter 2023 total revenue to be in the range of $26-28.5 billion ($27.25B consensus)
We anticipate our full-year 2023 total expenses will be in the range of $89-95 billion, lowered from our prior outlook of $94-100 billion due to slower anticipated growth in payroll expenses and cost of revenue.
We expect capital expenditures to be in the range of $30-33 billion, lowered from our prior estimate of $34-37 billion.