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

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* 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).
* 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.
* Revenue grew by 7% y/y to $74.6 billion, also above analyst’s estimate of $72.82 billion.
* "And in YouTube, we saw ongoing signs of stabilization in advertiser spending," Ruth Porat ,Chief Financial Officer said<ref>https://www.fool.com/earnings/call-transcripts/2023/07/25/alphabet-googl-q2-2023-earnings-call-transcript/</ref>.


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