Categories AlphaGraphs, Earnings, Technology

Alphabet Q1 Earnings: Key numbers that you need to note down from GOOGL

Alphabet Inc. (NASDAQ: GOOG, GOOGL) today reported first quarter financial results for the period ended March 31, 2020.

On GAAP basis, first quarter EPS was $9.80 vs. $9.50 in the first quarter of 2019. Non-GAAP EPS was $9.87, compared to $11.90 in the first quarter of 2019.

Total revenues increased 13% to $41.15 billion.

Amid COVID19 pandemic, Google advertising revenue increased 10% year-over-year to $33.76 billion.

Shares up over 3% during the after-hours following the earnings announcement.

Performance was strong during the first two months of the quarter, but then in March we experienced a significant slowdown in ad revenues. We are sharpening our focus on executing more efficiently, while continuing to invest in our long-term opportunities.

Ruth Porat, CFO

United States revenues (GAAP) were down 13% sequentially and up 14% year-over-year. 

Alphabet Announces First Quarter 2020 Results

You may also like:

   

Most Popular

Infographic: Intuitive Surgical Q4 earnings results

Intuitive Surgical (NASDAQ: ISRG) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The robotic product's manufacturer reported fourth-quarter revenue of $1.33 billion, up 4% year-over-year. Meanwhile,

Infographic: Seagate Technology (STX) Q2 2021 earnings

Seagate Technology plc (NASDAQ: STX) reported second-quarter 2021 earnings results after the closing bell on Thursday.  Revenue increased to $2.62 billion from $2.69 billion last year. Analysts had expected revenue

IBM (IBM) Q4 2020 Earnings: Key financials and quarterly highlights

IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top