{"id":9315,"date":"2021-07-28T10:30:04","date_gmt":"2021-07-28T14:30:04","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=9315"},"modified":"2021-07-29T08:46:06","modified_gmt":"2021-07-29T12:46:06","slug":"alphabet-beats-q2-expectations-with-profit-in-ad-growth","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/alphabet-beats-q2-expectations-with-profit-in-ad-growth\/","title":{"rendered":"Alphabet Beats Q2 Expectations With Profit In Ad Growth"},"content":{"rendered":"\n<p>Alphabet&#8217;s second-quarter revenue and profit rose above expectations thanks to the rise in advertising spending as more customers shopped online.<\/p>\n\n\n\n<p>The company&#8217;s revenue from Google advertising rose nearly 70% to $50.44 billion in the second quarter of 2021.<\/p>\n\n\n\n<p>Ad revenue for the company&#8217;s streaming video platform, YouTube leaped 83.7% to $7 billion, while Google Cloud generated revenue of $4.63 billion in the second quarter of 2021 and narrowed its operating loss to $591 million during the quarter.<\/p>\n\n\n\n<p>Alphabet&#8217;s total revenue rose 61.6% to $61.88 billion, beating Wall Street estimates of $56.16 billion.<\/p>\n\n\n\n<p>Quarterly profit was $18.5 billion or $27.26 per share, which beat expectations of $19.34 per share. <\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/article\/us-alphabet-results\/google-parent-alphabet-reaches-record-quarterly-revenue-profit-in-ad-boom-idUSKBN2EX2NX\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>Alphabet&#8217;s second-quarter revenue and profit rose above expectations thanks to the rise in advertising spending as more customers shopped online.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[40,209],"class_list":["post-9315","post","type-post","status-publish","format-standard","hentry","category-data-analytics","tag-google","tag-youtube"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=9315"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9315\/revisions"}],"predecessor-version":[{"id":9360,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9315\/revisions\/9360"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=9315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=9315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=9315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}