Search and YouTube a 'strong' showing in latest Google results

By AdNews | 30 October 2024
 
Credit: Ralfs Blumbergs via Unsplash

Google lifted revenue a better than expected 15% to $US88.3 billion in the September quarter with a strong showing from Search and and YouTube. 

Services revenues increased 13% to $76.5 billion, led by strength across Google Search & other, Google subscriptions, platforms, and devices and YouTube ads.

Network advertising was at $65.854  billion and YouTube $8.921 billion. 

“The momentum across the company is extraordinary,” said CEO Sundar Pichai.

“Our commitment to innovation, as well as our long-term focus and investment in AI, are paying off with consumers and partners benefiting from our AI tools. 

“In Search, our new AI features are expanding what people can search for and how they search for it. 

“In Cloud, our AI solutions are helping drive deeper product adoption with existing customers, attract new customers and win larger deals.

“And YouTube’s total ads and subscription revenues surpassed $50 billion over the past four quarters for the first time. 

“We generated strong revenue growth in the quarter, and our ongoing efforts to improve efficiency helped deliver improved margins. I’m looking forward to driving more advances for consumers, customers and creators globally.”

September quarter 2024:

google sept quarter 2024 - from announcement oct

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