Alphabet Q2 Earnings: Three Key Areas to Watch – IG
Alphabet Q2 Earnings – When is the Earning Date?
Alphabet is scheduled to report its ‘second quarter (Q2) 2023 earnings on Tuesday, July 25, after the US market closes.
Alphabet Q2 Earnings – What to Expect?
Revenue: Alphabet’s revenue for the quarter covering March to June 2023 is expected to reach $72.67 billion, 4% higher than the level in the same period last year.
EPS: The internet search leader is expected to deliver quarterly earnings of $1.34 per share, presenting a 3.8% year-over-year (YoY) growth and 25% higher than the previous quarter.
Alphabet Q2 Earnings – Three Key Areas to Watch
Advertising Revenue
Despite beating the market’s expectations in the previous quarter, advertising income, which is the major source of revenue for Alphabet, dropped for the second straight quarter.
YouTube advertising revenues were down 3%, while network advertising revenues were down 8%, reflecting the ongoing headwind in the online advertising space. For the quarter to be reported,…
The post Alphabet Q2 Earnings: Three Key Areas to Watch – IG first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/07/24/alphabet-q2-earnings-three-key-areas-to-watch-ig_2023072448016.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.