Google parent Alphabet beats Q2 revenue, profit estimates on …

July 24, 202412:16 AM PDTUpdated 4 months ago. July 23 (Reuters) - Alphabet (GOOGL.O) beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital …


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Google Parent Alphabet Beats Estimates On Strong Ad, Cloud Sales

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Oct 29, 2024  · By Deborah Mary Sophia and Kenrick Cai. (Reuters) -Google parent Alphabet topped third-quarter revenue expectations on Tuesday, helped by an AI-driven 35% surge in …

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Google Parent Alphabet Posts 29% Jump In Profit On Digital Ad …

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Jul 23, 2024  · AP. Advertising sales, Alphabet’s chief revenue source, rose 11% to $64.6 billion. The company sells ads in its search product using customer data to better target them. Net …

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Google Parent Alphabet Beats Quarterly Revenue, Profit Estimates

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Jul 23, 2024  · They had gained more than 30 per cent this year. Net income in the quarter ended June 30 rose 28.6 per cent to US$23.6-billion, besting the average estimate of US$22.9 …

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Google Parent Alphabet Beats Revenue Estimates On Strong Ad Sales

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Oct 29, 2024  · Digital advertising sales - the biggest chunk of Alphabet's total revenue - rose to $65.85 billion from $59.65 billion. Revenue from Google's cloud platform grew 35% to $11.35 …

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Google Parent Alphabet Beats Quarterly Revenue Estimates

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Jul 23, 2024  · Advertising sales, Alphabet’s chief revenue source, rose 11 per cent to $64.6 billion (€59.5 billion). The company sells ads in its search product using customer data to better …

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Google Parent Alphabet’s AI Spending Boosts Cloud Business, Ad …

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Oct 30, 2024  · Digital advertising sales – the biggest chunk of Alphabet’s total revenue – rose to US$65.9 billion from US$59.7 billion. This includes YouTube ad sales that rose 12 per cent to …

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Alphabet's AI Investments Boost Cloud Sales, Lifts Maturing Ad …

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By Deborah Mary Sophia and Kenrick Cai. (Reuters) - Google parent Alphabet (NASDAQ: GOOGL) said on Tuesday its AI investments were "paying off" as it reported a 35% surge in its …

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Google’s Parent Alphabet Beats Revenue Expectations On Ad, Cloud ...

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Apr 25, 2023  · Alphabet Inc said on Tuesday it would buy back US$70 billion in stock and posted first-quarter revenue above estimates as demand rose for cloud services and ad sales held up …

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Google Parent Alphabet Revenue Jumps 15% On AI Investments

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Oct 29, 2024  · Google parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday, helped by an AI-driven 35% surge in its cloud business as well as a jump in its …

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FAQs about Google parent Alphabet beats Q2 revenue, profit estimates on … Coupon?

Why did alphabet beat second-quarter revenue and profit estimates?

July 23 (Reuters) - Alphabet (GOOGL.O) beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that capital expenses would remain high for the year. ...

Did Google-parent Alphabet's first-quarter revenue exceed market expectations?

Google-parent Alphabet Inc's first-quarter revenue exceeded market expectations, boosted by an uptick in advertising and steady demand for its cloud services. ...

Is alphabet still a good company?

Greg lives in San Francisco with his wife and two children. Alphabet beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that capital expenses would remain high for the year. ...

Did Google's second-quarter revenue beat analysts' expectations?

Google parent Alphabet Inc. reported second-quarter revenue that beat analysts’ expectations, boosted by demand for cloud-computing services and advertising on its search engine. Sales, excluding partner payouts, were $71.36 billion in the second quarter, the company said Tuesday in a statement. ...

How did alphabet's cloud performance compare to last year?

Alphabet’s revenue grew 15% year over year, which is stronger than the same quarter last year. The company reported blowout cloud revenue at $11.35 billion, up nearly 35% from the $8.41 billion a year ago. The company attributed its strong cloud results to its artificial intelligence offerings, which include subscriptions for enterprise customers. ...

Why did alphabet's ad revenue increase in the first quarter?

Finance chief Ruth Porat, who Alphabet announced would be stepping into a new role as president and chief investment officer, attributed margin growth to accelerating Search ad revenue, adding that the “vast majority” of costs related to cutting the workforce by 12,000 were taken in the first quarter. ...

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