Was Q1 the revenue bottom for some of the Internet’s biggest companies? Not if Wall Street analysts are right.
When Google reports Q2 earnings tomorrow, Wall Street expects $4.1 billion in net revenue, up just 4% year-over-year. That’s worse than the 10% growth Google posted in Q1, and much worse than the 43% growth clip at this time last year.
Consensus estimates suggest continued shrinkage this quarter for Microsoft and Yahoo, too.
Follow the Chart Of The Day on Twitter: www.twitter.com/chartoftheday
Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s a simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it). Sign up below!
Business Insider Emails & Alerts
Site highlights each day to your inbox.