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RE: LeoThread 2024-07-24 07:34

in LeoFinance6 months ago

Alphabet meets earnings expectations but misses on YouTube ad revenue

Google parent company Alphabet reported earnings after the bell.

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue.

Alphabet shares were down about 2% in after-hours trading.

Here's how the company did, compared with estimates from analysts polled by LSEG:

Earnings: $1.89 a share vs. $1.84 per share expected

Revenue: $84.74 billion vs. $84.19 billion expected

#newsonleo #google #earnings #technology