Alphabet reports YouTube Q1 ad revenue of $6.87B, up 14% YoY but below estimates of $7.48B, and blames Q1 2021's "exceptional" direct response ad performance (Todd Spangler/Variety)

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Todd Spangler / Variety:

Alphabet reports YouTube Q1 ad revenue of $6.87B, up 14% YoY but below estimates of $7.48B, and blames Q1 2021’s “exceptional” direct response ad performance  —  YouTube advertising sales for the first three months of 2022 grew 14%, to reach $6.87 billion …



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