Alphabet reported earnings on Thursday, disclosing that Google Cloud generated over $3 billion in revenue — up 43% from the same period of last year.
On a call with investors, Google CFO Ruth Porat attributed the slowdown to price changes at G Suite, its productivity software suite. Ultimately, Google Cloud was one of the bright spots for Alphabet on this earnings report. While its earnings report slightly beat Wall Street expectations overall, Google saw its first quarterly revenue decline since going public, asrevenue of $31.6 billion — down from $31.7 billion over the same period last year.
"GCP maintained a strong level of revenue growth it delivered in the first quarter and its revenue growth was again meaningfully above cloud overall," Google CFO Ruth Porat said on the earnings call with investors.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Read Google CEO Sundar Pichai's full prepared remarks over antitrust - Business InsiderSundar Pichai will tell Congress that Google's search and advertising business faces plenty of competition, and that its free products benefit the 'average American.' Read his prepared remarks in full sundar is lyong scum Google Facebook and Twitter all need to face congress and allow free speech How does kashhill feel about this?
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
What Congress should ask CEOs of Apple, Amazon, Facebook, and Google - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. profgalloway How can you help us.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Google CEO Sundar Pichai gets a tough grilling in antitrust opening shot - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What did you think would happen when you vote against Internet Neutrality, that corps would just look and wave at the growth potential of the vote? They are chewing him up Passive voice in the headline, huh.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Zuckerberg defends Facebook by pointing to Apple, Google, TikTok success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sure they are... .....I rest my case 🐍 Lol did the Russians infiltrate the App Store to sway public opinion towards Donald Trump?
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Google is about to show us just how much damage the pandemic has done - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »