Alphabet (GOOG) (GOOGL) Tops Q3 EPS by $5.11, Revenue Smash Views
Get Alerts GOOG Hot Sheet
EPS Growth %: +61.5%
Financial Fact:
Interest and other income, net: 183M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported Q3 EPS of $16.40, $5.11 better than the analyst estimate of $11.29. Revenue for the quarter came in at $46.2 billion versus the consensus estimate of $42.9 billion.
“We had a strong quarter, consistent with the broader online environment,” said Sundar Pichai, Chief Executive Officer of Alphabet and Google. “It’s also a testament to the deep investments we’ve made in AI and other technologies, to deliver services that people turn to for help, in moments big and small.” “Total revenues of $46.2 billion in the third quarter reflect broad based growth led by an increase in advertiser spend in Search and YouTube as well as continued strength in Google Cloud and Play,” said Ruth Porat, Chief Financial Officer of Alphabet and Google. “We remain focused on making the right investments to support long term sustainable value.”
For earnings history and earnings-related data on Alphabet (GOOG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- META to capture largest share of users, SNAP to benefit from ad budget shifts - Canaccord Genuity weighs in on TikTok ban
- ResMed (RMD) Tops Q3 EPS by 20c
Create E-mail Alert Related Categories
Earnings, Hot EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!