Categories AlphaGraphs, Earnings, Technology

GOOGL Earnings: All you need to know about Alphabet’s Q3 2022 earnings results

Alphabet Inc. (NASDAQ: GOOGL, GOOG) reported third quarter 2022 earnings results today.

Total revenues increased 6% year-over-year to $69 billion.

Net income was $13.9 billion, or $1.06 per share, compared to $18.9 billion, or $1.40 per share, last year.

Both the top and bottom line numbers missed estimates, sending the stock tumbling 5% in after-market hours on Tuesday.  

“Our third quarter revenues were $69.1 billion, up 6% versus last year or up 11% on a constant currency basis. Financial results for the third quarter reflect healthy fundamental growth in Search and momentum in Cloud, while affected by foreign exchange. We’re working to realign resources to fuel our highest growth priorities.”Ruth Porat, CFO of Alphabet and Google.

Prior performance

Alphabet Q2 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Next.e.GO Mobile has a unique, innovative production strategy: Chairman Ali Vezvaei

Next.e.GO Mobile SE is a manufacturer of electric vehicles for urban mobility, with a mission to provide convenient and cost-effective transportation solutions. Founded in Germany, Next.e.GO Mobile built its first

What to look for when Darden Restaurants (DRI) reports Q3 earnings

The American restaurant industry has almost returned to normal now, after months of disruption that made people stop eating out and choose home delivery. The companies are currently busy enhancing

Lennar Corp. (LEN): What is the homebuilder’s strategy in the current environment?

Shares of Lennar Corporation (NYSE: LEN) were down on Friday. The stock has gained 14% year-to-date and 12% over the past 12 months. The company delivered better-than-expected results for its

Add Comment
Viewing Highlight