Meta Platforms: Fantastic Results For A Fantastic Business


  • The management team at Meta Platforms announced financial results covering the final quarter of the company’s 2022 fiscal year.
  • Shares of the business roared higher in response to better-than-expected sales, cost-cutting initiatives, and a major share buyback program.
  • The stock is still cheap and offers attractive upside from here, but the easy money has been made.
Facebook Covers Sign At Menlo Park Headquarters

Justin Sullivan

Feb. 1 was a fantastic day for shareholders of Facebook parent Meta Platforms (NASDAQ:META). After the market closed, management reported financial results covering the final quarter of the company’s 2022 fiscal year. In addition to beating expectations on the

Disclosure: I/we have a beneficial long position in the shares of META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I may sell some or all of my shares in the business at any time, depending on price and other news that comes out.

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