TECH

YouTube ad revenues jumped 10.3% in Q1

YouTube’s ad revenue continues to clock double-digit quarterly growth.

According to parent company Alphabet’s latest earnings release on Thursday (April 24), YouTube ad revenues reached $8.93 billion in Q1, a 10.3% YoY increase.

That growth was “driven by direct response advertising, followed by brand,” Alphabet and Google SVP and CFO Anat Ashkenazi said on the company’s earnings call.

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