2,756
edits
Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
Revision as of 08:39, 26 April 2023
, 26 April 2023no edit summary
No edit summary |
|||
| Line 200: | Line 200: | ||
* Alphabet reported You Tube advertising and Google advertising revenue that came in-line with estimates. | * Alphabet reported You Tube advertising and Google advertising revenue that came in-line with estimates. | ||
* CFO Ruth Porat said in the earnings call that You Tube ad spend is seeing stabilization. " In YouTube, we saw signs of stabilization in ad spend on a sequential basis. We continue to prioritize growth in Shorts engagement where we are encouraged by progress in monetization," She said. | * CFO Ruth Porat said in the earnings call that You Tube ad spend is seeing stabilization. " In YouTube, we saw signs of stabilization in ad spend on a sequential basis. We continue to prioritize growth in Shorts engagement where we are encouraged by progress in monetization," She said. | ||
* Regarding the economy, Ruth said that it continues to remain uncertain but that foreign exchange headwinds have diminished. " In terms of the operating environment, our results in the first quarter reflected ongoing headwinds due to a challenging economic environment and the outlook remains uncertain. Foreign exchange headwinds have moderated, and we expect less of a foreign exchange headwind in the second quarter based on current spot rates, " She said in the earnings call. | * Regarding the economy, Ruth said that it continues to remain uncertain but that foreign exchange headwinds have diminished. " In terms of the operating environment, our results in the first quarter reflected ongoing headwinds due to a challenging economic environment and the outlook remains uncertain. Foreign exchange headwinds have moderated, and we expect less of a foreign exchange headwind in the second quarter based on current spot rates, " She said in the earnings call. <ref>https://seekingalpha.com/article/4596558-alphabet-inc-goog-q1-2023-earnings-call-transcript</ref> | ||
===== Analysts estimates ===== | ===== Analysts estimates ===== | ||