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Alphabet Announces First Quarter 2021 Results. MOUNTAIN VIEW, Calif. – April 27, 2021 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2021. Sundar Pichai, CEO of Google and Alphabet, said: “Over the last year, people have turned to Google Search and many online services to stay ...
Jan 23, 2024 · Novak Djokovic has edged closer to an unprecedented 11th Australian Open title after beating Taylor Fritz in a marathon quarter final match as he outlasted the American 7-6 (3), 4-6, 6-2, 6-3.
- Mark Molyneux
- Key Takeaways
- GOOGL Google Cloud Revenue
- GOOGL Ad Revenue
Google Cloud revenue surpassed analyst estimates.
Google Cloud is one of Alphabet's primary business segments. It provides developers with a cloud platform for building, testing, and deploying applications.
Google advertising revenue rose 68.9% compared to the year-ago quarter.
), parent company of Google, reported
(EPS) came in well above what analysts were forecasting, rising 169.1% year over year (YOY). Revenue also beat analyst estimates by a wide margin, up 61.6% compared to the year-ago quarter.
Cloud revenue came in at $4.6 billion, exceeding expectations. The company's shares were up more than 3% in extended trading. Over the past year, Alphabet's shares have provided a
Google Cloud revenue grew 53.9%, its fastest pace since Q3 FY 2019. Google Cloud is one of the tech giant's primary business segments, the other being Google Services. The cloud segment provides developers with a highly scalable and reliable platform for building, testing, and deploying applications. It also offers workspace collaboration tools, including apps like Gmail, Docs, Drive, Calendar, Meet, and more. As of the end of the first quarter of 2021, Google Cloud had an estimated 9% of the $150 billion global cloud market, ranking it third behind Microsoft Corporation's (
) Azure and top-ranked Amazon.com, Inc.'s (
Google's total ad revenue rose 68.9% compared to the year-ago quarter, rising to $50.4 billion. Google's ad revenue took a hit amid the onset of the COVID-19 pandemic last year. The company's advertising business includes ad revenue from YouTube, Google Network, and Google's search engine, which controls approximately 90% of the global search engine market. YouTube revenue was up 83.7% YOY to $7.0 billion in the second quarter.
Alphabet's next earnings report (for Q3 FY 2021) is estimated to be released on Oct. 27, 2021.
Oct 20, 2021 · American Airlines reported Q2 FY 2021 earnings that beat analysts' expectations. The company posted a much narrower adjusted loss per share than forecast. It was also the sixth straight...
Article body. UEFA EURO 2020 ran from 11 June to 11 July 2021, with 11 host cities staging the 51 fixtures. Download full fixture list. KNOCKOUT PHASE. Final. Sunday 11 July. Italy 1-1 England...
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