Google recently announced the financial results for the quarter ended June 30, 2022. Sundar Pichai, CEO of Alphabet and Google, commented on the “solid performance” in the second quarter, with revenues of $69.7 billion, up 13% versus last year.
While revenues show double-digit growth, they are down from last year’s 57%. Earnings per share (EPS) are also down, at $1.21 vs $1.28 expected. EBIT is showing a flattening due to a 21% expansion in headcount.
This is where Pichai and the Google…
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