Alphabet Inc. (GOOGL) Tops Q1 EPS by 38c

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Go back to Alphabet Inc. (GOOGL) Tops Q1 EPS by 38c

Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend

April 25, 2024 4:16 PM EDT

(Updated - April 25, 2024 4:54 PM EDT)

Alphabet (NASDAQ: GOOGL) saw its shares soar nearly 16% in after-hours trading Thursday after the Google owner reported better-than-expected top and bottom lines for the fiscal Q1 2024.

Specifically, the tech behemoth posted earnings per share (EPS) of $1.89, topping the consensus estimates of $1.51. Revenue was reported at $80.54 billion, also above the projected $78.71 billion.

Operating income for the quarter increased by 46% year-over-year to $25.5 billion, while... More