In the fourth quarter of , Meta earned billion, or per share. Earnings per share rose by year over year.Fourth-quarter earnings included a billion positive impact due to smaller accrued losses in legal proceedings.Reality Labs, which is Meta’s metaverse division, expanded its loss in the quarter to billion from billion a year ago.
Operating margin expanded to in the quarter from year over year, and jordan mobile database up from in the fourth quarter of Free cash flow fell to billion in the quarter from billion in the third quarter of In its earnings report, Meta said total expenses should be billion to billion — mainly due to infrastructure costs.
Last week, Zuckerberg said Meta expects to spend billion to billion in capital expenditures. That’s up from the billion it spent in capex last year. Zuckerberg revealed his spending plans two days after OpenAI, SoftBank and Oracle unveiled a billion project to build AI data centers.Looking ahead, Meta expects first-quarter revenue to range from billion to billion, reflecting an to increase without accounting for foreign exchange fluctuations.
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