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YouTube reports $6.87B in Q1 ad revenue, up 14% YoY, but below estimates of $7.48B, and blames “the exceptional performance of direct response” ads in Q1 2021 (Todd Spangler/Variety)

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