Google faced lots of challenges in 2nd quarter but Wall Street is confident earnings are unaffected (GOOG, GOOGL)

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  • Google faced an antitrust investigation in Europe and saw thousands of employees protest the company’s AI work with the military and even saw a woman shoot up YouTube’s headquarters during the second quarter.
  • Wall Street analysts expect that none of it harmed the company’s financial performance.
  • Analysts expect the company to report net revenue of to $ 25.6 billion,  a 22 percent increase from the same period last year. 

The way Wall Street analysts see things, Google has shrugged off most of the significant hurdles faced in the past quarter.

Alphabet Inc., Google’s parent company, is due to report second-quarter earnings after the bell on Monday.

See the rest of the story at Business Insider

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Post Author: martin

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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