Alphabet managed to crush earnings yet again as the company delivered a phenomenal result with a 41% revenue growth year over year. Nearly $53.1 billion worth of revenues came from the company’s core digital advertising business where it holds a virtual duopolistic position along with rival facebook. Interestingly, the company saw a staggering 43% growth in YouTube ads which contributed $7.2 billion to the top-line and the growth was despite the strong 2020 comps on account of the American presi ....
05 Nov 2021
Alphabet Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/05
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Alphabet Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/05
- Published:
05 Nov 2021 -
Author:
Ishan Majumdar -
Pages:
14
Alphabet managed to crush earnings yet again as the company delivered a phenomenal result with a 41% revenue growth year over year. Nearly $53.1 billion worth of revenues came from the company’s core digital advertising business where it holds a virtual duopolistic position along with rival facebook. Interestingly, the company saw a staggering 43% growth in YouTube ads which contributed $7.2 billion to the top-line and the growth was despite the strong 2020 comps on account of the American presi ....