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
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
Home Depot (HD), Lowe’s (LOW): Home improvement pressures not expected to abate soon
Home improvement retailers Home Depot (NYSE: HD) and Lowe’s Companies, Inc. (NYSE: LOW) have been facing a challenging operating environment for a while now. The companies have been battling macroeconomic
Earnings Summary: AngioDynamics (ANGO) Q2 FY26 sales increase 8.8%
Medical technology company AngioDynamics, Inc. (NASDAQ: ANGO) on Tuesday reported an increase in net sales for the second quarter of fiscal 2026. In Q2, net sales increased 8.8% year-over-year to
