Alphabet reported earnings per share of $30.69, compared to the $27.34 expected, according to Refinitiv. It also posted a large revenue beat, coming in at $75.33 billion compared to the $72.17 billion estimated.
The company relies heavily on Google's advertising revenue, which jumped in the quarter. Revenue for the segment came in at $61.24 billion for the quarter, up 33% from $46.2 billion in the same period a year earlier. "Very robust advertising revenue growth implies the overall demand environment has stayed healthy amidst volatile supply chain and macro uncertainties," MKM Managing Director Rohit Kulkarni said in a note to investors.
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »
Fonte: nbcchicago - 🏆 545. / 51 Consulte Mais informação »