YouTube Q1 Revenue Climbed 33% to $4 Billion, Parent Alphabet Misses on Earnings

  • 📰 Variety
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

YouTube generated $4.04 billion in ad revenue for the first quarter of 2020, up 33% from the year prior. Alphabet, the parent company of Google and YouTube, topped Wall Street estimates for Q1 reve…

Overall, Alphabet reported $41.16 billion in revenue and adjusted net income of $6.84 billion . Wall Street analysts on average expected Alphabet to post revenue of $40.38 billion and EPS of $10.33.

Alphabet first broke out YouTube revenue in announcing fourth-quarter and full-year 2019 results, along with sales for Google Search and Google Cloud.Referring to the COVID-19 crisis, Sundar Pichai, CEO of Alphabet and Google, said in announcing the results, “Given the depth of the challenges so many are facing, it’s a huge privilege to be able to help at this time.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 108. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

American Express' volume dropped in Q1 thanks to the pandemic - Business InsiderAmex's US consumer proprietary billed business grew 9% annually in January and 11% YoY in February before plummeting 22% YoY in March. black centurion
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Live: Here come Google and Alphabet's Q1 earnings - Business InsiderAlphabet is set to announce its Q1 2020 earnings, and all eyes are on how much damage the pandemic is doing to its ad business.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Live: Here come Google and Alphabet's Q1 earnings - Business InsiderAlphabet is set to announce its Q1 2020 earnings, and all eyes are on how much damage the pandemic is doing to its ad business.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Alphabet set to report earnings after the bell — here's what two traders are watchingAs Google parent Alphabet gears up to report earnings in a troubled tape, two traders predict what could be ahead for the technology giant. TradingNation
Fuente: CNBC - 🏆 12. / 72 Leer más »