earnings
confidence high
sentiment positive
materiality 0.85
Alphabet Q4 revenue $86.3B (+13% YoY), EPS $1.64; Cloud turns profitable at $864M op income
Alphabet Inc.
2023-FY EPS reported
$5.80
revenue$307,394,000,000
- Q4 revenue $86.3B, +13% YoY; net income $20.7B, diluted EPS $1.64 (vs $1.05 YoY).
- Google Cloud posts first quarterly operating profit of $864M, up from a $186M loss a year ago.
- Google Search & other revenue $48.0B (+13%); YouTube ads $9.2B (+16%); total TAC $14.0B.
- Full-year 2023 revenue $307.4B (+9%); net income $73.8B, EPS $5.80; operating margin 27%.
- Headcount reduced to 182,502 from 190,234; $2.1B in severance and $1.8B in office-space charges booked.