YouTube Q2 Ad Revenue Hits Record $7 Billion as Alphabet Trounces Estimates

Advertising revenue at the world’s biggest video platform jumped 84%, up from $3.81 billion in the year-earlier period when COVID put a damper on marketing spending. Alphabet, Google’s parent company, reported YouTube’s ad revenue as part of its Q2 earnings — which blew past Wall Street expectations.

Source: YouTube Q2 Ad Revenue Hits Record $7 Billion as Alphabet Trounces Estimates

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