Date Announced for Alphabet's Second Quarter 2024 Financial Results Conference Call
Key Points
- Alphabet's second quarter 2024 financial results conference call will be held on July 23, 2024, at 4:30 pm ET.
- The company reported $84.7 billion in quarterly sales in the second quarter, a 14% increase from the same period last year.
- Alphabet's CFO, Ruth Porat, announced the company's commitment to a new investment plan during the earnings call.
Conference Call Details
Alphabet's second quarter 2024 financial results conference call will be held on July 23, 2024, at 4:30 pm ET. The call will be webcast live on Alphabet's investor relations website: https://abc.xyz/investor.
Financial Performance
In the second quarter of 2024, Alphabet reported quarterly sales of $84.7 billion, a 14% increase from the same period last year. The company's advertising revenue grew 12% to $70.4 billion, while its cloud revenue grew 35% to $12.1 billion.
New Investment Plan
During the earnings call, Alphabet's CFO, Ruth Porat, announced the company's commitment to a new investment plan. The plan includes investments in artificial intelligence, cloud computing, and other strategic initiatives.
Analyst Commentary
Analysts have praised Alphabet's strong financial performance and its commitment to new investment. Many analysts believe that Alphabet is well-positioned to continue to grow in the future.
Conclusion
Alphabet's second quarter 2024 financial results were strong, and the company's commitment to new investment is a positive sign for the future. The company's financial results conference call on July 23, 2024, will provide more insight into Alphabet's plans for the future.
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