earnings
confidence high
sentiment positive
materiality 0.75
Alphabet Q2 revenue $84.7B (+14% YoY); Cloud revenue tops $10B, dividend $0.20/share
Alphabet Inc.
2024-Q2 EPS reported
$3.78
revenue$165,281,000,000
- Revenue $84,742M, up 14% YoY; operating income $27,425M (32% margin), net income $23,619M, diluted EPS $1.89.
- Google Cloud revenue $10,347M (+29% YoY), first quarter above $10B and operating profit >$1B ($1,172M).
- Google Search $48,509M, YouTube ads $8,663M, Network $7,444M; total advertising $64,616M.
- Dividend of $0.20 per share declared, payable Sep 16, 2024 to holders of record Sep 9, 2024.
- Employee count 179,582; traffic acquisition costs $13,387M.