Google misses on expectations as YouTube ad revenue comes up short, stock down 5%


Scroll back up to restore default view.

Google misses on expectations as YouTube ad revenue comes up short

Google parent Alphabet reported its Q3 earnings on Tuesday falling short of analysts' expectations on the top and bottom line, as YouTube advertising revenue came up short.

These are the most important numbers from the report compared to what Wall Street was expecting of the company, as compiled by Bloomberg.

The digital advertising market has been struck by a slowdown in spending in the past few quarters, as companies pull back their budgets amid rising inflation and interest rates.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *