Alphabet Q2 Earnings: Revenue Beat, EPS Beat, Innovation At 'Every Layer Of The AI Stack' And More
Portfolio Pulse from Adam Eckert
Alphabet Inc (NASDAQ:GOOG) reported strong Q2 earnings, beating both revenue and EPS estimates. Revenue was $84.742 billion, driven by growth in Search and Cloud. The company announced a 20-cent dividend and highlighted ongoing AI innovation.
July 23, 2024 | 8:18 pm
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Alphabet Inc reported Q2 revenue of $84.742 billion and EPS of $1.89, both beating estimates. The company highlighted strong performance in Search and Cloud, and announced a 20-cent dividend.
Alphabet's consistent performance in beating estimates and strong growth in key segments like Search and Cloud are positive indicators for the stock. The announcement of a dividend further adds to investor confidence.
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