Alphabet Finally Reveals YouTube Ad Revenue
Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) reported its fourth-quarter and fiscal year 2019 results and delighted investors by revealing YouTube ad revenue. Further, after years of being CEO of Google, this was Sundar Pichai's first earnings call as CEO of both Alphabet and Google. Revealing YouTub revenue, therefore, was one of his first big moves to help investors better appreciate Alphabet's fast-growing business.
On the whole, however, Alphabet's results were disappointing, featuring lower revenue growth than analysts were predicting. However, the move toward more transparency will give investors greater insight into Alphabet's business.
Let's look at what was made known about YouTube from the earnings report.
Source Fool.com
