Alphabet shares dip on top- and bottom-line miss
Alphabet Inc.’s stock initially slipped in extended trading Thursday after it missed slightly on revenue and earnings in a ho-hum quarterly result.
“We’re... Alphabet Inc.’s stock initially slipped in extended trading Thursday after it missed slightly on revenue and earnings in a ho-hum quarterly result. “We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet,” Chief Executive Sundar Pichai said in a statement announcing the results.
Google’s total advertising sales slid to $59 billion from $61.2 billion a year ago, missing analysts’ average expectations for $60.44 billion. Google Cloud was $7.32 billion, compared with $5.54 billion last year. YouTube ad sales slipped to $7.96 billion from $8.63 billion a year ago.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Alphabet earnings: What to expect from the Google parent companyAlphabet Inc. investors are probably breathing a little easier ahead of the company's Thursday afternoon earnings report, all thanks to Facebook
Consulte Mais informação »
Gap Inc. Steps Up Outsourcing Its Supply ChainThe $16 billion San Francisco-based retail conglomerate seeks to monetize excess capacity at its distribution centers.
Consulte Mais informação »
Alphabet Misses Q4 Earnings Estimates, YouTube Ad Revenue Drops by Nearly 8%Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analyst estimates, as YouTube’s ad revenue again notched a year-over-year decline. Overall, …
Consulte Mais informação »
YouTube Ad Revenue Slides 8% In Q4 As Google Parent Alphabet Issues Another Downbeat Financial ReportPunctuating the struggles of most sellers of digital advertising in the current climate, Google parent Alphabet reported an 8% drop in ad revenue at YouTube in the fourth quarter. Google’s st…
Consulte Mais informação »
Winter storm warning in Austin area extended through Thursday morning; road conditions worsenSchool districts across Central Texas — including Austin ISD, Del Valle ISD, Hays CISD, Leander ISD, Manor ISD, Pflugerville ISD and Round Rock ISD — have announced closures for Wednesday.
Consulte Mais informação »
Live updates, radar: Ice storm warning issued for parts of North Texas through ThursdayPower outages and tree damage are likely to happen in parts of North Texas, including Dallas, Wednesday night and Thursday morning, according to a new...
Consulte Mais informação »