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Solid Search and YouTube’s performance
- Top-line growth was driven by solid Search and YouTube’s performance. The growing cloud and Other Bets segments were a positive. Also, the improving advertisement business was a plus. However, Alphabet continued to witness sluggishness in Google Network ads, which remained a concern.
www.nasdaq.com/articles/alphabet-googl-q4-earnings-beat-revenues-increase-y-y
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Ruth Porat, President and Chief Investment Officer; CFO said: “We ended 2023 with very strong fourth quarter financial results, with Q4 consolidated revenues of $86 billion, up 13% year over year. We remain committed to our work to durably re-engineer our cost base as we invest to support our growth opportunities.”.
Jan 31, 2024 · Alphabet ’s GOOGL fourth-quarter 2023 earnings of $1.64 per share beat the Zacks Consensus Estimate by 2.5%. The figure grew 56.2% year over year. Revenues of $86.31 billion increased 13% year...
Jan 31, 2024 · Alphabet's Q4 earnings show steady growth driven by AI integration across Search, YouTube, Cloud; presenting risks and opportunities. Alphabet's revenue grew 13% year-over-year in Q4...
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Feb 1, 2024 · Alphabet Inc. (NASDAQ:GOOG) Q4 2023 Earnings Call Transcript January 30, 2024. Alphabet Inc. beats earnings expectations. Reported EPS is $1.64, expectations were $1.6. Operator: Welcome,...
Ruth Porat, CFO of Alphabet and Google, said: “Our fourth quarter revenues of $75 billion, up 32% year over year, reflected broad-based strength in advertiser spend and strong consumer online activity, as well as substantial ongoing revenue growth from Google Cloud.
Feb 1, 2022 · Google parent Alphabet (GOOG, GOOGL) reported its Q4 earnings after the closing bell on Tuesday, beating analysts' expectations on the top and bottom line, as revenue jumped 34%...
Jan 29, 2024 · Alphabet's revenue is expected to be $85.24 billion, according to consensus estimates collected by Visible Alpha, up from $76.05 billion in the fourth quarter of 2022.