Meta stock perks up as the company promises a ‘year of efficiency’

Meta is all-in on becoming a lean, mean cash-printing machine.
In its Q4 earnings call on Wednesday, Meta CEO Mark Zuckerberg described the company’s near future priorities and plans, painting a picture of a tech giant that’s driving toward leaning down and speeding up.
The company beat revenue expectations in the final quarter of 2022, bringing in $32.2 billion. Facebook’s user numbers also managed to inch up in the last quarter with the platform hitting 1.98 billion daily active users and 2.96 billion monthly active users as of September 2022.
Those gains combined with Meta

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