Google’s Q1 Earnings Are In – But What Was The Miss? – Search Engine Journal
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Google reported 23% year-over-year revenue growth in its Q1 2022 financial results, surpassing the $68 billion mark in total revenue.
That’s up substantially from the $55.3 billion reported in Q1 2021 but a marked decline from the 34% growth rate reported at that time, when consumers’ informational needs were at their peak due to the pandemic.
Just ahead of its quarterly earnings call, parent company Alphabet distributed a media release that cited “strong growth in Search and Cloud” as major drivers.
Ruth Porat, CFO of Alphabet and Google, noted in the release that Google continues to make “considered investments in Capex, R&D and talent to support long-term value creation for all stakeholders.”
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Read Full Story: https://www.searchenginejournal.com/google-earnings-q1-2022/447587/
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source: https://news.oneseocompany.com/2022/04/26/googles-q1-earnings-are-in-but-what-was-the-miss-search-engine-journal_2022042618656.html
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