Earnings

Alphabet (GOOGL) earnings Q2 2021

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Alphabet reported Q2 2021 earnings after the bell. The stock rose more than 3% after hours on the strong numbers, which crushed analyst expectations.

Here are the results.

  • Earnings per share (EPS): $27.26 vs $19.34 per share, according to Refinitiv estimates.
  • Revenue: $61.88 billion vs $56.16 billion, according to Refinitiv estimates.
  • YouTube advertising revenue: $7.00 billion vs $6.37 billion expected, according to StreetAccount estimates.
  • Google Cloud revenue: $4.63 billion vs $4.40 billion expected, according to StreetAccount estimates.
  • Traffic acquisition costs (TAC): $10.93 billion vs $9.74 billion expected, according to StreetAccount estimates.

Total Google ad revenue increased to…



Source cnbc.com

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