Google Cloud revenue doubles to $30.7bn, beating forecasts

The Next Web ·
Business Corporate United States
Tech

Google Cloud more than doubled its revenue in the third quarter, beating analysts’ forecasts, Alphabet said on Wednesday. Weaker growth in search advertising, however, meant the group as a whole fell short of expectations. Cloud revenue rose 103% from a year earlier to $30.7bn, according to Alphabet’s quarterly results. Analysts had expected $29.57bn, Reuters reported, citing LSEG […] This story…

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