Google Cloud Smashes Expectations, Two Key Metrics: Revenue up 82% YoY, Operating Profit Margin at 34%

CLOUD0%
GOOGLX0%

BlockBeats News, July 23rd, Google's parent company Alphabet released its Q2 earnings last night. Alphabet Q2 revenue was $1198 billion, a 24% year-over-year increase; operating profit was $40.8 billion, a 30% year-over-year growth; driven by a significant increase in equity gains from investments like Anthropic, net income was $112.1 billion, a whopping 298% year-over-year surge.

Of note, Google Cloud business revenue was $24.8 billion, far exceeding the market's expected $22.5 billion, an 82% year-over-year increase. The company's capital expenditure was $44.9 billion, surpassing the market's expected $44.2 billion. The CEO stated that AI investment is redefining the entire business.

Sumber: BlockBeats

Disclaimer: Konten ini berasal dari pihak lain atau diterjemahkan oleh AI dari pihak lain. CoinEx tidak menjamin konten ini benar, asli, atau akurat, dan tidak memberikan saran investasi. Harga aset kripto sangat tidak stabil, jadi harap berhati-hati terhadap risiko yang ada.

Kabar TerkaitSelengkapnya

Alphabet Beats Expectations and Raises Full-Year Capital Expenditure Forecast, Stock Price Plunges 4% in After-Hours Trading

Before Google's earnings report, a whale longed $10.66 million worth of Google stock.

S&P 500 Earnings Growth Driver Shifts to Semiconductor Industry, Q2 Expected to Contribute 48% to New Record

Pencarian Teratas

Kripto
Harga
Perubahan 24J