Re:Meta Earning Results Q3 2022 [pdf]
by oars on Thursday October 27, 2022 @08:06AM
(#33356325)
Are you sure that's how to interpret it?
The way I see it is:
- From Jul - Sep 2022, the net cash provided by operating activities minus their purchases left them with $173M.
- From Jan - Sep 2022, the net cash provided by operating activities minus their purchases left them with $13,151M.
So yes, this quarter wasn't great as they only had $173M cash leftover. But their previous two quarters were good enough to leave them with $13,151M - $173M = $12,978M free cash flow.
It's just that in Q3 they only produced $173M free cash flow. They still have $13,151M free cash flow produced since Jan 2022.
The way I see it is:
- From Jul - Sep 2022, the net cash provided by operating activities minus their purchases left them with $173M.
- From Jan - Sep 2022, the net cash provided by operating activities minus their purchases left them with $13,151M.
So yes, this quarter wasn't great as they only had $173M cash leftover. But their previous two quarters were good enough to leave them with $13,151M - $173M = $12,978M free cash flow.
It's just that in Q3 they only produced $173M free cash flow. They still have $13,151M free cash flow produced since Jan 2022.