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Meta Platforms:Quarterly Results/2023 Q4: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q4 (view source)
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* Management expects an FX tailwind of about 2% to year-over-year total revenue growth in Q4. | * Management expects an FX tailwind of about 2% to year-over-year total revenue growth in Q4. | ||
* 2023 total expenses outlook includes around " $3.5 billion of restructuring costs related to facilities consolidation charges and severance and other personnel costs." | * 2023 total expenses outlook includes around " $3.5 billion of restructuring costs related to facilities consolidation charges and severance and other personnel costs." | ||
* Meta expects Reality Labs losses to increase year-over-year in 2023 | * Meta expects Reality Labs losses to increase year-over-year in 2023. | ||
* Meta expects Q4 2023 and FY 2024 tax rates to be similar to Q3 2023. | * Meta expects Q4 2023 and FY 2024 tax rates to be similar to Q3 2023. | ||
* For 2024; management expects higher infrastructure-related costs, growth in payroll expenses, and Reality Labs operating losses to increase year-over-year. | |||
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