Published , by Donovan Erskine
Published , by Donovan Erskine
Google (GOOGL) is out with its earnings for the first quarter of 2024, showing that it beat on both EPS and revenue expectations. The report also provides insight to how Google’s various products and services performed over the past few months.
Google’s Q1 2024 earnings report was published at the close of markets today. In the report, we see that Google tallied $80.54 billion in revenue for the quarter against an expectation of $78.6 billion. In terms of earnings-per-share, Google beat the $1.52/share expectation with $1.89/share. CEO Sundar Pichai provided a statement on the release.
In addition to Google’s overall business numbers, the earnings report also revealed that YouTube brought in $8 billion in ad revenue during the quarter. Stay with us here on Shacknews for more financial news in the tech world.