Google Ad Sales Help Parent Company Snap Out of Slump

Wake Up With Cheddar

Google's parent company alphabet has made a remarkable rebound in its advertising revenue. For the past several consecutive quarters, its revenue was on a decline. And during the second quarter of 2023 its ad sales rose by 3%. This surpassed analysts expectations. Now, this was surgeons and ad revenue is part of the reason that the company's total revenue grew 7% reaching $74.6 billion and the company's profits, they also soared by 15% to $18.4 billion.