Google financial results in the first quarter of 2021

Alphabet, which owns Google, has released financial results for the first quarter of 2021. The holding’s revenue increased by more than 34% and amounted to $ 55.31 billion. Net profit increased 2.5 times to $ 17.93 billion, a year earlier this figure was $ 6.84 billion.

Alphabet’s advertising revenue grew by almost a quarter in the first quarter – from $ 33.76 billion to $ 44.68 billion. Google’s revenue increased to $ 31.88 from $ 24.5 billion a year earlier.

YouTube’s advertising revenue grew 49% – from $ 4.04 to $ 6.01 billion. The growth driver was e-commerce advertising.

Google Cloud services revenue grew 46% to $ 4.05 billion.

The company’s revenue exceeded analysts’ expectations. After the release of the report, Alphabet shares soared 4.5%.

Recall earlier Google published search statistics that allows you to understand how the world has changed a year after the start of the pandemic.

A source: Alphabet report

Advertisement. Scroll to continue reading.

window.onerror = function (msg, filename, line, col, error) { $.post( '/ajax/js.php', { message: msg, params: { file: filename, line: line, column: col, location: window.location.href, search: window.location.search, userAgent: navigator.userAgent, error: error } } ); return false; };

window.dataLayer = window.dataLayer || [];

function gtag() { dataLayer.push(arguments); }

gtag('js', new Date()); gtag('config', 'AW-807828281'); (function (i, s, o, g, r, a, m) { i['GoogleAnalyticsObject'] = r; i[r] = i[r] || function () { (i[r].q = i[r].q || []).push(arguments) }, i[r].l = 1 * new Date(); a = s.createElement(o), m = s.getElementsByTagName(o)[0]; a.async = 1; a.src = g; m.parentNode.insertBefore(a, m) })(window, document, 'script', '//www.google-analytics.com/analytics.js', 'ga');

ga('create', 'UA-49851957-1', 'seonews.ru'); ga('send', 'pageview');

}, 1500) }) .



Source link