Looks like Alphabet has fared pretty well through that whole YouTube advertiser boycott. The Google parent reported $24.75 billion in Q1 revenue – a 22% year-over-year increase – and earnings-per-share of $7.73. That beat Wall Street’s projections of $24.22 billion in revenue and earnings-per-share of $7.39. The biggest driver of Google’s revenue growth was mobile search advertising. YouTube has lost a number of high-profile advertisers since reports surfaced last month that some video ads were running on hate speech videos. But Google has since taken steps to curtail such occurrences. Analysts offered mixed projections as to just how much the crisis would eat into revenue. But while Alphabet doesn’t break out revenue figures for YouTube, it seems evident that the fallout hasn’t been too catastrophic.
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