GOOGL
$104.78
Alphabet Cl A
($2.96)
(2.75%)
Earnings Details
4th Quarter December 2022
Thursday, February 2, 2023 4:05:00 PM
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Summary

Alphabet Cl A Misses

Alphabet Cl A (GOOGL) reported 4th Quarter December 2022 earnings of $1.05 per share on revenue of $76.0 billion. The consensus earnings estimate was $1.14 per share on revenue of $76.6 billion. The Earnings Whisper number was $1.14 per share. Revenue grew 1.0% on a year-over-year basis.

Google Inc is a web search and online advertising company. The Company offers search, online advertising, operating systems and platforms, enterprise and hardware products.

Results
Reported Earnings
$1.05
Earnings Whisper
$1.14
Consensus Estimate
$1.14
Reported Revenue
$76.05 Bil
Revenue Estimate
$76.60 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Alphabet Announces Fourth Quarter and Fiscal Year 2022 Results

MOUNTAIN VIEW, Calif. – February 2, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter and fiscal year ended December 31, 2022.

Sundar Pichai, CEO of Alphabet and Google, said: “Our long-term investments in deep computer science make us extremely well-positioned as AI reaches an inflection point, and I’m excited by the AI-driven leaps we’re about to unveil in Search and beyond. There’s also great momentum in Cloud, YouTube subscriptions, and our Pixel devices. We’re on an important journey to re-engineer our cost structure in a durable way and to build financially sustainable, vibrant, growing businesses across Alphabet.”

Ruth Porat, CFO of Alphabet and Google, said: “Our Q4 consolidated revenues were $76 billion, up 1% year over year, or up 7% in constant currency, and $283 billion for the full year 2022, up 10%, or up 14% in constant currency. We have significant work underway to improve all aspects of our cost structure, in support of our investments in our highest growth priorities to deliver long-term, profitable growth.”

For the full earnings release, please go here.