Google revenue

Alphabet profits show Google revenue growth rebounding, stock skyrocketing

Shares of Alphabet Inc. jumped 7% in after-hours trading Thursday after the online giant reported better-than-expected financial results. GOOGL, based in Mountain View, California, -0.60% GOOG, -0.59% reported second quarter net income of $ 9.95 billion, or $ 14.21 per share, up from $ 4.54 per share a year ago. Revenue was $ 38.94 billion, […]

Google revenue

Alphabet Q2 2019 results show non-Google revenue lags – Quartz

Alphabet’s cash cow has always been Google, and Google’s main driver of revenue has always been advertising by far. As Alphabet announced its second quarter results today (July 25), some signs of fatigue over its proven revenue streams are starting to appear. Alphabet reported $ 32.6 billion in revenue from Google’s advertising activities, a jump […]