Googlewhich is the umbrella company of AlphabetWe informed you last April that ‘s revenue was 80.5 billion dollars in the first quarter of 2024. we had transferred. Alphabet, one of the most valuable companies of today, shared data for the second quarter of the year.
According to the information provided by Alphabet, the company will be in total in the second quarter of 2024. $84.72 billion in revenue got it. Let’s add that Alphabet’s performance exceeded expectations. Analysts’ expectation was that Alphabet would generate $84.19 billion in revenue in the second quarter of the year.
As a reminder, Alphabet earned $74.6 billion in revenue in the second quarter of 2023. In short, when compared to the same period of the previous year, income 14 percent increase showed.
Advertising revenues constitute a large part of the $84.72 billion revenue. According to the shared report, advertising revenues increased by 11 percent compared to the same period of the previous year. to $64.6 billion reached. Advertising revenues of 64.6 billion dollars are respectively $10.35 billion revenue is Google Cloud revenues and $8.66 billion The income comes from YouTube advertising revenues.
Let’s add that compared to the second quarter of 2023, Google Cloud revenues increased by 28 percent and YouTube advertising revenues increased by 13 percent. The company’s profit also increased in the second quarter of the year. According to the information provided by Alphabet, the company started operating in the second quarter of the year. $23.6 billion profit got it. Compared to the previous year, profit increased by 28.6 percent. In all fields managed to exceed analysts’ expectations It would not be wrong to say that Alphabet had a good quarter.
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