) reported second quarter earnings that beat analyst estimates on both the top and bottom lines. The company reported earnings per share of $1.89 versus an estimate of $1.84. Revenue of $84.74 billion topped estimates of $84.37 billion, while revenue ex-TAC of $71.36 billion was better than the Street's expectations of $70.7 billion.
That was really a key number that analysts were zeroing in on 64.5 billion is what analysts had anticipated there.Uh X traffic acquisition costs rising to $71.36 billion and the company still has its cash dividend of 20 cents a share which it announced uh for the first time last quarter here.Maybe they didn't blow things out of the water enough because those shares, the quick reaction here is a drop of a little more than 3% here, Josh.
So you wait for the call to hear what, what Ceo Senator Bach and of course, um Ruth Poor, I have to say about the outlook. Um and CFO she's got a new title, of course, um delivering revenues, she said of $85 billion which is up by 14% points out that, that cloud number for the first time was above $10 billion on a quarterly basis.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Source: YahooFinanceCA - 🏆 47. / 63 Read more »