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Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
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* Meta has great profit cycles i.e it will further broadens its marketing portfolio with click-to-message(CTM) ad offering. He noted that " CTM offers solutions for businesses in developing markets." | * Meta has great profit cycles i.e it will further broadens its marketing portfolio with click-to-message(CTM) ad offering. He noted that " CTM offers solutions for businesses in developing markets." | ||
* Multiples and estimates have been derisked in tech industry. | * Multiples and estimates have been derisked in tech industry. | ||
=== Jefferies' Brent Thill<ref>https://www.youtube.com/watch?v=MZm9ckqBLoc&t=86s</ref> === | |||
Brent Thill is also bullish on Meta. He believes that: | |||
* Expense savings, revenue acceleration and advertisers coming back to the platform, as well as reaccelaration of REELS usage will result in 12-14 dollar earnings story. | |||
* There will be improvements in ads business as we go to back half of the year. | |||