Categories AlphaGraphs, Earnings, Technology

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business.

Alphabet Q4 2022 earnings infographic

The company, which owns the largest internet search platform, reported a 1% growth in revenues to $76.05 billion for the fourth quarter of 2022. However, Google advertising revenue decreased by 4%.

Net income dropped to $13.6 billion or $1.05 per share during the three-month period from $20.64 billion or $1.53 per share in the fourth quarter of 2021.

Prior Performance

  • Alphabet-Q3-2022-Earnings-Infographic
  • Alphabet Q2 2022 Earnings Infographic
  • Alphabet Q1 2022 Earnings Infographic
  • Alphabet reports Q4 2021 earnings results

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Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

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