Mumbrella Logo
Login
News

Google ad revenue recovers; CFO Ruth Porat to take on new role

July 26, 2023 9:52

Google’s parent company Alphabet Inc has reversed its ad revenue slump for the past two consecutive quarters, with ad sales up 3% from a year ago, for the quarter ended 30 June.

Alphabet posted $58.14 billion (A$85.67 billion) in ad revenue during its latest quarterly earnings. Google search and others received $42.6 billion (A$62.74 billion) in ad revenue, while YouTube ads gathered $7.66 billion (A$11.28 billion).

[click to enlarge]: financial highlights

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Darcy Song was a reporter at Mumbrella, covering media owners, adtech and social platforms. She left in October 2023.

Topics
2023 financial results Alphabet Inc Google Sundar Pichai
Latest
It's official: Google's AI Mode destroys informational clicks
Clemenger BBDO ramps up media as Omnicom integration takes hold
'Designed to intimidate': Police investigate targeting of journalist Nick McKenzie's house
Radio's killing season goes into overdrive, but is the Kyle & Jackie O national strategy dead too?
Is The Melbourne Cup too much of a gamble for sponsors?

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.