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.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/10/Alphabet-Q3-2022-Earnings-Infographic-721x1024.jpg)
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](https://cdn.news.alphastreet.com/wp-content/uploads/2022/07/Alphabet-Q2-2022-Earnings-Infographic-721x1024.jpg)
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%