YouTube Q2 Ad Revenue Hits $8.66 Billion, up 13%, Short of Wall Street Expectations

Ad spending on YouTube continued at grow at a double-digit clip in the second quarter of 2024, with the Alphabet-owned video platform generating advertising revenue of $8.66 billion in the period, up 13% year over year. However, YouTube’s ad revenue for Q2 fell short of analyst estimates of $8.93 billion for the quarter, per FactSet’s […]