Content overview: “YouTube Ad Revenue Hits $11.2B, Up 9%, But Alphabet Stock Drops 8% After Missing Q3 Target”. YouTube's advertising revenue climbed 9% year-over-year to $11.2 billion in the third quarter, underscoring the video platform's resilience in a competitive digital ad market. However, parent company Alphabet fell short of Wall Street's overall financial expectations, triggering an 8% drop in its st YouTube's advertising revenue climbed 9% year-over-year to $11.2 billion in the third quarter, underscoring the video platform's resilience in a competitive digital ad market.
However, parent company Alphabet fell short of Wall Street's overall financial expectations, triggering an 8% drop in its stock during after-hours trading. Alphabet reported total revenue of $127.6 billion, a 25% increase from the same period last year and its 13th consecutive quarter of double-digit growth, yet investors focused on the miss against analyst projections. This listing links straight to the original page, where the content is available in full.