Google parent Alphabet (GOOG, GOOGL) announced its Q4 earnings after the bell on Thursday, falling just short of expectations on revenue and earnings per share. As advertising fell year-over-year.
Here are the most important numbers from the report, compared to what Wall Street was expecting, as compiled by Bloomberg.
Revenue (ex-TAC): $63.12 versus $63.2 billion expected
Earnings per share: $1.05 versus $1.18 expected
Alphabet shares were down 1.2% immediately following the report.
Google's ad revenue fell from 61.2 billion in Q4 2021 to 59 billion in Q4 2022. Youtube ad revenue, meanwhile, missed analysts' estimates, coming in at $7.9 vs estimate versus $8.2 billion
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