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Google Earnings Miss Estimates But Internet Search Advertising Holds Up

2022-07-27 0 Dailymotion

Shares in Google-parent Alphabet (GOOGL) jumped Wednesday after the internet giant posted better-than-feared June quarter results. <br />Revenue growth at the core digital advertising business of GOOGL stock edged by views, though earnings and revenue missed.<br />Google's advertising revenue tied to internet search seems resilient, analysts say. Search-related ad revenue rose 14% year-over-year, topping estimates.<br />Alphabet reported second quarter earnings after the market close on Tuesday. Google said second-quarter earnings fell 11% to $1.21 per share. <br />

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