Metas margins were compressed because of one off expenses like legal fees and the severance payout. Without that, their operating income would’ve grown 9% y/y. While ofc some aspects of metas earnings were not as impressive, the pre market movement is more an opportunity.
Metas margins were compressed because of one off expenses like legal fees and the severance payout. Without that, their operating income would’ve grown 9% y/y. While ofc some aspects of metas earnings were not as impressive, the pre market movement is more an opportunity.
I’m long both MSFT and META