Meta Platforms:Quarterly Results/2023 Q2: Difference between revisions

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=== Alphabet ===
=== Alphabet ===
===== Results =====
* Google ad revenue was $58.14 billion(+3.3% y/y) versus $57.45 billion(+2.06% y/y) estimate<ref>https://abc.xyz/assets/20/ef/844a05b84b6f9dbf2c3592e7d9c7/2023q2-alphabet-earnings-release.pdf
https://finance.yahoo.com/news/alphabet-earnings-163119905.html#:~:text=Alphabet%20came%20in%20with%20%2474.6,%241.44%20actual%20versus%20%241.32%20expected.
https://www.investmentwiki.org/wiki/Meta_Platforms:Quarterly_Results/2023_Q2#Revealbot_CPM_insights</ref>.
* YouTube advertising revenue grew by 4.43% to $7.665 billion, above analyst’s estimate of $7.43 billion(or 1.22% y/y growth).
* Revenue grew by 7% y/y to $74.6 billion, also above analyst’s estimate of $72.82 billion.


===== Management Guidance =====
===== Management Guidance =====