Categories AlphaGraphs, Earnings, Technology
GOOGL Earnings: Key quarterly highlights from Alphabet’s Q2 2023 financial results
Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported second quarter 2023 earnings results today.
Revenues increased 7% year-over-year to $74.6 billion.
Net income was $18.3 billion, or $1.44 per share, compared to $16 billion, or $1.21 per share, last year.
Both revenue and earnings beat estimates, sending the stock up 5% in after-market hours on Tuesday.
The company had cash and cash equivalents of $25.9 billion at the end of the second quarter.
Alphabet also announced that CFO Ruth Porat will assume the newly created role of President and Chief Investment Officer, effective September 1, 2023. She will continue to serve as CFO, while the company selects her successor. In her new role, Ms. Porat will continue to report to CEO Sundar Pichai.
Prior performance
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its