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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 108. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

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.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

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.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

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
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »