Alphabet Q3: YouTube ad revenue $11.21B, up 9% YoY; TV screens alone brought $3.7B

Alphabet reported third-quarter results, with YouTube advertising revenue of $11.21 billion, up 9% year over year. YouTube generated over $3.7 billion in Q3 ad revenue from TV screens alone, topping Netflix's $2.7 billion full-year ad forecast. CFO Anat Ashkenazi cited notable strength in the living room, as Alphabet shares fell Thursday.

Detected & updated continuously · Source: Nebula