Google (GOOGL) has reported its earnings results for Q4 2022, showing audiences and investors how one of the world’s biggest companies performed financially. While it wasn’t a terrible quarter for the company, Google did come in just under analyst expectations for revenue and earnings-per-share.
Google’s (GOOGL) Q4 2022 earnings report was shared on the company’s website earlier today. Within the report, we see that Google’s revenue for Q4 2022 was $76 billion. This only symbolizes a one percent increase in comparison to Q4 2021. Furthermore, it also means that Google came in narrowly under the $76.6 billion industry expectation. Facing a $1.18 earnings-per-share expectation, Google’s EPS was $1.05.
Google CEO Sundar Pichai provided a quote about the results within the earnings report.
Although Google (GOOGL) missed on both earnings and EPS, the margins were quite thin. It’s a busy week of earnings reports and investor calls, so stick with Shacknews to make sure you don’t miss a thing.