Alphabet (GOOG) (GOOGL) Tops Q1 Views
(Updated - April 23, 2018 4:04 PM EDT)
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported Q1 EPS of $13.33, versus the analyst estimate of $9.35. Revenue for the quarter came in at $31.15 billion versus the consensus estimate of $30.36 billion.
"Our ongoing strong revenue growth reflects our momentum globally, up 26% versus the first quarter of 2017 and 23% on a constant currency basis to $31.1 billion. We have a clear set of exciting opportunities ahead, and our strong growth enables us to invest in them with confidence," said Ruth Porat, CFO of Alphabet and Google.
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