Alphabet has reported its Q3, 2023 results, and its revenues were up 11% to $76.7 billion, Y-on-Y.

Sundar Pichai, CEO, said: “I’m pleased with our financial results and our product momentum this quarter, with AI-driven innovations across Search, YouTube, Cloud, our Pixel devices and more. We’re continuing to focus on making AI more helpful for everyone; there’s exciting progress and lots more to come.”
Ruth Porat, President and Chief Investment Officer; CFO said: “The fundamental strength of our business was apparent again in Q3, with $77 billion in revenue, up 11% year over year, driven by meaningful growth in Search and YouTube, and momentum in Cloud. We continue to focus on judicious capital allocation to deliver sustainable financial value.”

The company missed estimates and stock dropped 5.7%.

Alphabet Q3, 2023 results (PDF) [abc.xyz...]

Previous quarter Alphabet Q2 2023 Results Revenues Up 7pct to $74.6 bln [webmasterworld.com]