Alphabet (GOOG) Misses Q1 EPS, Revenue
(Updated - April 29, 2019 4:04 PM EDT)
Alphabet (NASDAQ: GOOG) (Nasdaq: GOOGL) reported Q1 EPS of $9.50, $1.11 worse than the analyst estimate of $10.61. Ex-tac Revenue for the quarter came in at $29.48 billion versus the consensus estimate of $30.06 billion.
Adjusted EPS was $11.90, excluding a fine. Total revenue was $36.339 billion, up 17%.
"We delivered robust growth led by mobile search, YouTube, and Cloud with Alphabet revenues of $36.3 billion, up 17% versus last year, or 19% on a constant currency basis," said Ruth Porat, Chief Financial Officer of Alphabet and Google. "We remain focused on, and excited by, the significant growth opportunities across our businesses."
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