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Alphabet reports Q1 2024 revenue of $80.5 billion
Alphabet today announced Q1 2024 earnings with $80.54 billion in revenue. These numbers range from January to March and start the fiscal year. Revenue is up 15% from $69.8 billion in Q1 2023, with operating income at $25.5 billion and net income of $23.66 billion for this quarter (versus $15.05 billion a year ago). For comparison, Alphabet reported $86 billion in revenue and $20.7 billion in net income last quarter. Our results in the first quarter reflect strong performance from Search, YouTube andCloud. We are well under way with our Gemini era and theres great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation Our strong financial results for the first quarter reflect revenue strength across the company and ongoing efforts to durably reengineer our cost base. We deliveredrevenues of $80.5 billion, up 15% year-on-year, and operating margin expansion.
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