KQED Nightly Business Report June 22, 2024
Trumped estimates by 29 cents. Revenue of 17. 7 billion. Just about in line with forecasts but was 11 higher than last year. Investors like what they saw sending shares spiking in initial after hours trading as you see right there. John fort has the one key thing in the report investors need to watch. One take away from the google earnings calls that youtube is a big star in this report. Cfo reporting that viewing time of youtube videos was up 60 year over year. Thats the best growth rate in two years. Mobile viewing time was up 100 and that helped google despite the currency headwinds that kn...