News Formal

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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alphabet earnings: What to watch for beyond Google's AI effortsAnalysts surveyed by FactSet expect Alphabet to post $1.08 a share in earnings, down from $1.23 a share a year before. Here’s what to watch as the $GOOGL parent reports its latest quarterly earnings Tuesday afternoon.
Source: MarketWatch - 🏆 3. / 97 Read more »