Meta Announces Impressive Earnings and Cash Returns to Shareholders

TLDRMeta, formerly known as Facebook, reported strong earnings, including a quarterly dividend of 50 cents per share and a $50 billion increase in its buyback authorization. Daily active users reached 2.1 billion, while monthly active users reached 3.1 billion. The company's fourth-quarter earnings per share of $533 beat analyst estimates, although ad revenue fell slightly short. The first-quarter revenue forecast is $34.5 billion to $37 billion. Meta's performance has also boosted shares of Snap and Pinterest.

Key insights

💰Meta announces a quarterly dividend of 50 cents per share and a $50 billion increase in its buyback authorization.

📈Meta's daily active users reach 2.1 billion, and monthly active users reach 3.1 billion.

📊Meta's fourth-quarter earnings per share of $533 beat analyst estimates.

📉Ad revenue falls slightly short of estimates at $38.7 billion.

🔮Meta's first-quarter revenue forecast is $34.5 billion to $37 billion.

Q&A

What are Meta's cash returns to shareholders?

—Meta is paying a quarterly dividend of 50 cents per share and has increased its buyback authorization by $50 billion.

How many daily active users does Meta have?

—Meta has 2.1 billion daily active users.

What is Meta's fourth-quarter earnings per share?

—Meta's fourth-quarter earnings per share is $533, beating analyst estimates.

How much is Meta's ad revenue?

—Meta's ad revenue is $38.7 billion.

What is Meta's first-quarter revenue forecast?

—Meta's first-quarter revenue forecast is $34.5 billion to $37 billion.

Timestamped Summary

00:02Meta announces a quarterly dividend of 50 cents per share and a $50 billion increase in its buyback authorization.

00:32Meta's daily active users reach 2.1 billion, and monthly active users reach 3.1 billion.

00:47Meta's fourth-quarter earnings per share of $533 beat analyst estimates.

00:54Meta's ad revenue is $38.7 billion.

01:08Meta's first-quarter revenue forecast is $34.5 billion to $37 billion.

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