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

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

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