Alphabet (NASDAQ: GOOGL) announced its 2022 Q4 financial results on February 2, 2023. According to the announcement, revenues were up 1% (YoY, 3 months). On the other hand, operating income and net income were down 17% and 33%, respectively. In addition, the company recorded operating margin of 24% (-517bp, YoY, 3 months). Looking at theContinue reading “Alphabet is trying to streamline their Business by reducing Costs”
Category Archives: GOOGL
Alphabet’s Free Cash Flow was Up 45% in 2022 Q3
Alphabet (NASDAQ: GOOGL) announced its 2022 Q3 financial results on October 25, 2022. According to the announcement, revenues were up 6% (YoY, 3 months). On the other hand, operating income and net income were down 19% and 27%, respectively. In addition, operating margin recorded 25%, down about 70bp, year-over-year (3 months). The slowdown in revenueContinue reading “Alphabet’s Free Cash Flow was Up 45% in 2022 Q3”
Google Cloud’s Segment Revenue was Up 36% in 2022 Q2
Alphabet (NASDAQ: GOOGL) announced its 2022 Q2 financial results on July 26, 2022. According to the announcement, total revenues, operating income and net income were up 13%, up 1% and down 14%, respectively (YoY, 3 months). Looking at revenue growth of each segment, Google Cloud had the highest revenue growth of up 36% (YoY, 3Continue reading “Google Cloud’s Segment Revenue was Up 36% in 2022 Q2”
Alphabet continued to show Double-Digit Growth in 2022 Q1
Alphabet (NASDAQ: GOOGL) announced its 2022 Q1 financial results on April 26th, 2022. According to the announcement, revenues, operating income, and net income were up 23%, up 22%, and down 8%, respectively (YoY, 3 months). In addition, free cash flow was up 15% (YoY, 3 months). As for the revenues by segment, Google Cloud hadContinue reading “Alphabet continued to show Double-Digit Growth in 2022 Q1”
Net Income was Up 89% in Alphabet’s 2021 Financial Results
Alphabet (NASDAQ: GOOGL) announced 2021 Q4 financial results on February 1st, 2022. According to the announcement, revenues, operating income and net income were up 32%, 29% and 36%, respectively (YoY, 3 months). In addition, diluted EPS increased by 38% (YoY, 3 months). As for the results of fiscal year ending December 31, 2021, net incomeContinue reading “Net Income was Up 89% in Alphabet’s 2021 Financial Results”
Alphabet’s Net Income was Up 68% in 2021 Q3
Alphabet (NASDAQ: GOOGL) announced its 2021 Q3 financial results on October 26, 2021. According to the announcement, revenues, operating income and net income were up 41%, 88% and 68%, respectively (3 months, YoY). Diluted EPS was up 71%. Alphabet continuously repurchased $ 12.6 billion common stocks during 2021 Q3. This amount accounts for more thanContinue reading “Alphabet’s Net Income was Up 68% in 2021 Q3”
Alphabet kept recording Drastic Growth in 2021 Q2
Alphabet (NASDAQ: GOOGL) announced its 2021 Q2 financial results on July 27th. According to the announcement, total revenue, operating income and net income were up 61.6%, 203.3% and 166.2%, respectively (YoY, 3 months). On reviewing the revenue growth by segments, Google Search and YouTube ads revenues were up 68.1% and 83.7%, respectively (YoY, 3 months). Continue reading “Alphabet kept recording Drastic Growth in 2021 Q2”
Alphabet showed Steady Growth in Its Business Performance
Alphabet (NASDAQ: GOOGL) announced 2021 Q1 earning results on April 27th, 2021. As a result, the revenue, operating income, and net income grew +34%, +106% and +162%, respectively (YoY). The significant growth of the net income is at least partially due to the decrease in depreciation and amortization. According to the announcement, it was partiallyContinue reading “Alphabet showed Steady Growth in Its Business Performance”
Operating Income was Up 68.9% in Alphabet’s 2020 Q4 Earning Results
Alphabet (NASDAQ: GOOGL) announced its 2020 Q4 earning results on February 2nd, 2021. As a result, total revenues were up 23.5% in this quarter while operating income grew as much as 68.9% (3 months, YoY), suggesting that Google promoted streamlining while expanding revenues in this quarter. As for annual results, total revenues and operating incomeContinue reading “Operating Income was Up 68.9% in Alphabet’s 2020 Q4 Earning Results”
Alphabet announced 59% Growth in its Net Income in 2020 Q3 Earning Results
Alphabet (NASDAQ: GOOGL) announced its 2020 Q3 earnings results on October 29th, 2020. In 2020 Q2, net income increased thanks to steadily streamlining their business despite of decrease in advertising revenue. In 2020 Q3, revenues, operating income, and net income increased 14%, 22%, and 59%, respectively, thanks to a solid recovery in the advertising revenue.Continue reading “Alphabet announced 59% Growth in its Net Income in 2020 Q3 Earning Results”