Alphabet Breaks Out YouTube and Cloud Revenue for the First Time
Online advertising giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported fourth-quarter and full-year results after market close on Monday. The quarter's results featured more strong top- and bottom-line growth, fueled by advertising across its Google properties and network members' properties, as well as its cloud computing business -- Google Cloud.
While the overall financial results are worth looking over, the most notable takeaway from the report for investors is the company's first-ever disclosure of YouTube and Google Cloud revenue. Both businesses are seeing outsize growth compared with the rest of Alphabet's business.
Image source: Alphabet.
Source Fool.com