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Alphabet Q3 2023 Earnings: YouTube Ad Sales Jump 12.5% to $7.9 Billion

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YouTube reported $7.95 billion in ad revenue for Q3 2023, up 12.5%, as parent Alphabet overall topped Wall Street forecasts.

Internet video giant YouTube larded its coffers with $7.95 billion in ad revenue for third quarter of 2023, representing a 12.

5% year-over-year increase, as parent Alphabet overall topped Wall Street forecasts. Analysts had projected YouTube advertising revenue to come in at $7.81 billion for the quarter, per FactSet. The stronger-than-expected results come after YouTube fell

 

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