Google reports Q1 earnings after market close yesterday. Revenue was $80.54B vs. $78.59B expected. EPS was $1.89 vs. $1.51 expected. YouTube ad revenue was $8.09B vs. $7.72B expected. YouTube ad revenue grew 20.87% YoY in Q1 vs. 15.53% in Q4, 12.46% in Q3, 4.5% in Q2 and -2.6% in Q1 2023. Google Cloud revenue was $9.57B vs. $9.35B expected. Google Cloud revenue grew 28.44% YoY in Q1 vs. 25.66% in Q4, 22.47% in Q3, 28% in Q2 and 28% in Q1 2023. Google Search revenue grew 14.36% YoY in Q1 vs. 12.7% YoY in Q4, 11.35% in Q3, 4.77% in Q2 and 1.87% in Q1. WOW this is a very solid beat.
4/26/2024: Google Earnings Beat Expectations
4/26/2024: Google Earnings Beat Expectations
4/26/2024: Google Earnings Beat Expectations
Google reports Q1 earnings after market close yesterday. Revenue was $80.54B vs. $78.59B expected. EPS was $1.89 vs. $1.51 expected. YouTube ad revenue was $8.09B vs. $7.72B expected. YouTube ad revenue grew 20.87% YoY in Q1 vs. 15.53% in Q4, 12.46% in Q3, 4.5% in Q2 and -2.6% in Q1 2023. Google Cloud revenue was $9.57B vs. $9.35B expected. Google Cloud revenue grew 28.44% YoY in Q1 vs. 25.66% in Q4, 22.47% in Q3, 28% in Q2 and 28% in Q1 2023. Google Search revenue grew 14.36% YoY in Q1 vs. 12.7% YoY in Q4, 11.35% in Q3, 4.77% in Q2 and 1.87% in Q1. WOW this is a very solid beat.