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 had the highest growth of up 44% (YoY, 3 months). This was followed by Google Search of up 24%, Google Network of up 20%, and YouTube Ads of up 14%.

Reviewing by region, Americas other than United States grew the most of up 44%. It was followed by APAC of up 39% and United States of up 33% (constant currency basis, YoY, 3 months).

Photo by Brett Jordan on Unsplash

According to the announcement, Alphabet’s Board of Directors authorized the company to repurchase up to an additional 70.0 billion USD of its Class A and Class C shares. 

Watanabe & Brothers’ Investment will continue to invest in Alphabet from a long-term perspective.

Important Notice 

  1. Watanabe & Brothers’ Investment is holding shares of Alphabet. 
  2. This report is provided solely for informational purpose and not intended for the purpose of soliciting investment in, or as a recommendation to purchase or sell any specific products. 
  3. Any opinions or statements expressed in this report are based on the author’s personal and subjective views, and are not the official views of the organization to which the author belongs.  In addition, although we have done our best efforts in making accurate assessments on the original financial statements, we cannot guarantee any complete accuracy of this report. We do not guarantee either that any future forecasts referred to in this report will certainly be realized. Investment in listed stocks, ETFs, etc. should be carried out under the responsibility of each investor, and even if the investor who read this report suffers a loss due to investment activities, Watanabe & Brothers’  Investment is not responsible for any liability.
  4. This report was originally prepared in English, and translated into the other languages with plugin utilizing Google Translation API. We hereby notify that the translations are provided only for the sake of reference, and any opinions or statements in this report should be interpreted in original English. We ask any investors reading this report to refer to the original financial statements issued by the company.
Translate »
%d bloggers like this: