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Latest News and Analysis on Alphabet Inc.
Alphabet’s Operating Cash Flow was Up 47.6% in 2023 Q2
Alphabet (NASDAQ: GOOGL) announced its 2023 Q2 financial results on July 25, 2023. According to the announcement, revenues were up 7.1% (YoY, 3 months). On the other hand, income from operations was up 12.3% and net income was up 14.8% (YoY, 3 months). Looking at revenue growth by services, Google Cloud showed the highest growthContinue reading “Alphabet’s Operating Cash Flow was Up 47.6% in 2023 Q2”
Alphabet reduced Workforce and Office Space in 2023 Q1
Alphabet (NASDAQ: GOOGL) announced its 2023 Q1 financial results on April 25, 2023. According to the announcement, revenues were up 3% (YoY, 3 months). In addition, operating income and net income were down 13% and 8%, respectively. Looking at revenue growth by segment, Google Cloud had the highest growth of up 28%. It was followedContinue reading “Alphabet reduced Workforce and Office Space in 2023 Q1”
Alphabet is trying to streamline their Business by reducing Costs
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”
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”
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