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Alphabet's stock rises as earnings show Google ad sales holding steady

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Alphabet reported first-quarter net earnings of $15.05 billion, or $1.17 a share, compared with net earnings of $16.44 billion, or $1.23 a share, in the year-ago quarter. $GOOGL rose in extended trading Tuesday after the results slightly topped estimates:

Alphabet Inc.’s stock rose 4% in extended trading Tuesday after Google’s parent company reported quarterly results that slightly topped analysts’ revenue and earnings estimates.“Resilience in Search and momentum in Cloud resulted in Q1 consolidated revenues.

 

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