secwatch.observer — SEC 8-K summary
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Issuer:     Meta Platforms, Inc. (META)
CIK:        0001326801
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001326801-23-000100
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meta Q3 2023: revenue $34.15B, EPS $4.39, DAUs 2.09B; Q4 revenue guide $36.5-40B
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- Revenue $34.15B (+23% YoY), net income $11.58B, diluted EPS $4.39 (up 168%).
- Family DAP 3.14B (+7%), Facebook DAUs 2.09B (+5%); ad impressions +31%, price per ad -6%.
- Headcount 66,185, down 24% YoY; share repurchases $3.7B; free cash flow $13.64B.
- Q4 2023 revenue guidance $36.5-40B; FY2023 expense guidance lowered to $87-89B from $88-91B.
- Preliminary FY2024 expenses $94-99B, capex $30-35B; Reality Labs losses expected to increase meaningfully.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326801/000132680123000100/0001326801-23-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326801/000132680123000100/meta-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001326801-23-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer