Tags: alphabet | google | earnings

Google Parent Alphabet Beats Q2 Revenue Estimates

Google Parent Alphabet Beats Q2 Revenue Estimates
(AP)

Tuesday, 23 July 2024 04:23 PM EDT

Alphabet beat revenue estimates for the second quarter Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services.

Revenue grew 14% to $84.74 billion in the April-to-June period, compared with analysts' consensus estimate of $84.19 billion, according to LSEG data.

Revenue from cloud computing services, a widely watched barometer for the health of enterprise technology spending, grew 28.8% to $10.35 billion.

Analysts were expecting $10.16 billion.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
Alphabet beat revenue estimates for the second quarter Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services.
alphabet, google, earnings
73
2024-23-23
Tuesday, 23 July 2024 04:23 PM
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