谷歌-C：Inline 2Q24 results; GenAI gains traction

25 Jul 2024 Earnings Summary CMB International Global Markets | Equity Research | Company Update Alphabet (GOOG US) Inline 2Q24 results; GenAI gains traction Alphabet reported 2Q24 financial results: total revenue increased by 14% YoY to US$84.7bn, in line with Bloomberg consensus estimate; net income grew by 29% YoY to US$23.6bn, 3% ahead of the consensus estimate, mainly due to management's effort to moderate expenses growth and slow down the pace of hiring. Looking ahead to 3Q24, we expect the high base ...