Amid the ongoing quarterly earnings season, it is Facebook-parent Meta’s turn. For the three months ended September 30, the social media company witnessed a rise in its revenue and profitability alike. Its…
Tag: earnings
AI helps Alphabet beat Q3 earnings estimates, generates $88.27Bn in revenue
Google parent Alphabet has exceeded Wall Street estimates on both revenue and profit for the third quarter of the year – according to its financials, this was led by rapid growth in…
Netflix surpasses earnings expectations with subscriber growth in Q2
Streaming giant Netflix solidified its position as the leader in the streaming wars by exceeding analyst expectations in its second-quarter earnings report. The company reported strong subscriber growth during the quarter, alongside…
Alphabet’s Q4 earnings 2023: Ad revenue misses estimates, Google Cloud shines
Generative AI turned out to be the highlight of the previous year, and we witnessed the likes of Microsoft and Apple invest big in the rapidly-growing AI sector. Alphabet, the parent company…