CLAIM #41612 · Meta Platforms Inc. (META) · 2022Q4 earnings call · Feb 1, 2023 · due Dec 31, 2023
“Those are meaningful but manageable segment of costs. We have been preparing for a long time, and those costs have been factored already into our total expense guidance.”
Susan Li · CFO
In context
“rk that both Javi and I just talked about, including the different advertiser tools, including ad formats that bring conversions on-site and including the longer term AI investments in privacy-enhancing technologies. The second part of your question was on, oh, anything from Android and other headwinds. On Android, it’s too early to know where this will land. I think Google is taking an approach that is collaborating with the industry, which we think is critical, and we will have updates as more time elapses there. And then your third – the third part of your question, I think was on regulatory issues in the EU, I think this was on DSA. We are expecting – we have been preparing for some time to comply with DSA and meet the compliance deadlines that we expect to come into effect this year. Those are meaningful but manageable segment of costs. We have been preparing for a long time, and those costs have been factored already into our total expense guidance. Operator: And your next question comes from the line of use of Youssef Squali with Truist. Your line is open. Youssef Squali: Great. Thank you. Two questions for me, please. First, maybe one for Susan. Just staying on the theme of the efficiency and with all the adjustments to your cost basis lately, can you maybe just speak to the relationship you are trying to build between revenue growth and OpEx, CapEx growth over time? I think the last time we saw them move in tandem or close to each other was back in 2017. So, are you at a point where you would want them to grow much closer to each other, or are we still in an investment mode and therefore, potentially margin compression mode beyond just 2023? And then maybe, Mark, can you just provide an update on kind of the health of the broad di”
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SEC filings for META ↗ · Claim quote is verbatim from the 2022Q4 earnings call.