Google’s parent company Alphabet Inc announced first-quarter results yesterday, stating that performance was in line with expectations until March when ad revenues slowed down.
The business still saw a 13% growth for the quarter, compared with last year, when combining the results of its search, Youtube and Cloud business, but the slowdown in ad revenue in March due to Coronavirus was “sudden and significant”.
Sundar Pichai, chief executive of Alphabet and Google, explained the results on the firm’s earnings call, explaining that it had started 2020 strongly.
“Q1 was in many ways the tale of Read full story ›
Source: The Drum
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