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Google (GOOGL) Q3 2023 earnings results beat EPS & revenue expectations

Google is out with its latest earnings release, showing a beat on revenue and EPS.

Donovan Erskine

October 24, 2023 1:29 PM

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Google (GOOGL) has released its earnings report for Q3 2023. One of the world’s largest companies, Google reported a beat on both earnings and revenue expectations for its latest quarter.

Google released its Q3 2023 earnings report after the close of markets today. The company reeled in $76.69 billion in revenue against a $76 billion expectation. While Wall Street was expecting $1.45 in earnings per share, Google managed to pull in $1.55. CEO Satya Nadella provided the following statement within the report.

A statement was also provided by CFO Ruth Porat:

Google (GOOGL) stock took a massive nosedive in after-hours trading after the release of the report. After ending the day at a $138.81 valuation, shares were trading as low as $130.54. It’s a busy week for financial news, so stick with us here on Shacknews as we keep track of it all.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_