Google ad rev stands at $61.6 bn in Q1; $8 bn for YouTube
Alphabet has posted 15% increase in revenue at $80,539 million as compared to last year
Google's Alphabet Inc. has posted total ad revenue of $61,659 million in the quarter ended March 31, 2024, as compared to $54.548 million in the same quarter last year.
The ad revenue for YouTube stands at $8,090 million as compared to last year's $6,693 million.
The tech giant has recorded a net income of $23,662 million.
Alphabet has posted 15% increase in revenue at $80,539 million as compared to last year.
Sundar Pichai, CEO, said: “Our results in the first quarter reflect strong performance from Search, YouTube and Cloud. We are well under way with our Gemini era and there’s great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation.”
