News for hackers. Stuff that matters.

A comment on Meta Earning Results Q3 2022 [pdf]. Parent comment

Re:Meta Earning Results Q3 2022 [pdf] by ethbr0 on Wednesday October 26, 2022 @05:11PM (#33349510)
They're obviously in it for the long game.

At that rate, they'll have a $17.2 billion net loss on $2 billion in revenue for 2023...

... and then everything will be fine.

[ Parent | on HN ]
Re:Meta Earning Results Q3 2022 [pdf] by zffr on Wednesday October 26, 2022 @05:42PM (#33349916)
I guess the hope is that revenue will eventually grow exponentially and outpace growing costs
[ Parent | on HN ]