Meta finance chief Susan Li told analysts on the company’s earnings call that volatility in the Middle East is creating some revenue uncertainty
Susan Li, Meta's finance chief, said the company provided a wider revenue guidance range because of the unpredictability of the Middle East conflict.
The $3.5 billion range compares to a $2.5 billion range the company typically offers in its quarterly revenue forecast. Susan Li, Meta's finance chief, told analysts on the earnings call that the reason for the change is the unpredictability in the Middle East due to the Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyLi said Meta doesn't have"material direct exposure to Israel," but she noted that historically the company has"seen broader demand softness follow other regional conflicts in the past, such as in the Ukraine war," after Russia invaded its neighbor in early 2022.would be expecting revenue of $38.25 billion, compared to the average analyst estimate of $38.
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