The parent company Google for the first time in two years reported worse than expected
Alphabet Class AGOOGL2301,00 $Купить Alphabet Class CGOOG2300,83 $ Alphabet reported for the first quarter of 2022 worse than analysts' forecasts. 26 In April, its shares in the post-market fell by 3%, to 2308 $. Financial results Here's how the company's key indicators have changed year-on-year, and here's what analysts expected: revenue - $ 68 billion (+23%), expectations — $68.1 billion; earnings per share - 24,6 $ (−6%), expectations - 25,9 $. Alphabet's net profit fell due to the revaluation of its own stock portfolio. A year ago, investments in shares of other companies brought Alphabet almost $ 5 billion, but now the loss was about a billion. At the same time, operating profit, or profit from operating activities, increased by 22%, to $20.1 billion. Operating margin remains the same — 30%. Alphabet reported worse than expected for the first time in two years, that is, since the beginning of the pandemic. All this time she earned good money., as many advertisers have increased spending on promoting products on the network. Now revenue growth has begun to slow down.. Here's how sales increased in key operating segments. Google Advertising - YouTube Ads, Google Search and other services - $ 54.7 billion (+22%). About 13% in this segment is accounted for by ads on YouTube. And here sales grew by only 14% and turned out to be significantly lower than expected.: 6,9 versus $7.5 billion. The company attributed the poor performance to competition and the high base effect.: a year ago, in quarantine, people spent more time online, including on YouTube. And the departure from Russia also affected. Last year, the country accounted for about 1% of total annual revenue. Google Other — комиссии в Google Play, YouTube Premium subscriptions, гаджеты Pixel и прочее — 6,8 млрд …
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