Google’s Alphabet Q4 and FY2023 report shows flat revenue, increasing profits
Google's parent company Alphabet posted its fourth-quarter and full year 2023 report. While far from a disaster the numbers came short of the expectations, sending the stock tumbling down 6% at time of writing.
Alphabet's revenues in Q4 were $86 billion - up 13% compared to Q4 of 2022. Meanwhile, the company's total unaudited revenue for 2023 is $307 billion - 9% more than in 2022.
Alphabet CEO Sundar Pichai said "We are pleased with the ongoing strength in Search and the growing contribution from YouTube and…