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
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's