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Google (GOOGL) Q2 2023 earnings results beat EPS & revenue expectations

Google is out with its latest earnings report, showing a beat on EPS and revenue expectations.

Donovan Erskine

July 25, 2023 1:20 PM

Google

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Markets have officially closed for the day, and Google (GOOGL) has shared its earnings report for Q2 2023. Chronicling the company’s financial performance over the past few months, the newest earnings report features some good news for investors. In Q2 2023, Google topped expectations for both EPS and revenue.

The official numbers come from Google’s Q2 2023 earnings release, which dropped today. In the report, the company shares that it brought in $74.6 billion in revenue over the quarter, which beats the expectation of $72.8 billion. Earnings-per-share were $1.44 per share, which comfortably clears the $1.34 expectation. CEO Sundar Pichai provided a statement alongside the report.

Google (GOOGL) stock was predictably on the rise after the publishing of the company’s Q2 2023 earnings report, climbing as high as $128.36 in after-hours trading, after closing the day at $122.22.

Now that Google’s (GOOGL) Q2 2023 earnings report is out, attention will shift to the subsequent earnings call, where we expect to hear more about the present and future of Google’s financial business. Stick with Shacknews for all of the big finance news hitting this week.

Donovan Erskine

News Editor

Donovan is a young journalist from Maryland, who likes to game. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge Scream nerd and film fanatic that will talk with you about movies and games all day. You can follow him on twitter @Donimals_