Alphabet Reports Strong Q1 On The Back Of Booming Advertising Business

Alphabet Reports Strong Q1 On The Back Of Booming Advertising Business


29-April-2017

WhileWall Street was expecting earnings of $7.40 per share on revenue of $24.2 billion, Alphabet posted earnings of $7.73 per share on revenue of $24.8 billion, a 22 percent jump from the same period last year. The company’s profit toorose 29 percent to $5.43 billion, a performance that analysts called exceptional for a company so large.