Categories AlphaGraphs, Earnings, Technology
Infographic: A snapshot of Alphabet’s (GOOG/GOOGL) Q3 2020 earnings report
Alphabet Inc. (NASDAQ: GOOG/GOOGL), the parent of Google, reported third-quarter 2020 results Thursday. Both earnings and revenues increased and came in above experts’ projection. Shares of the internet search giant gained during the extended trading session, soon after the announcement.
Total revenues rose 14% year-over-year to $46.17 billion in the third quarter and beat the estimates. Google advertising revenue increased10%, while Search & Other revenue was up 6%.
Read management/analysts’ comments on Alphabet’s Q3 2020 results
Reflecting the strong top-line performance, net income moved up to $11.2 billion or $16.4 per share in the September-quarter from $7.01 billion or $10.12 per share a year earlier. For the most recent quarter, analysts were looking for a lower number.
Alphabet’s stock made strong gains on Thursday evening, after closing the regular trading session higher.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Charles Schwab Corp. (SCHW) Q3 earnings beat estimates amid 87% revenue growth
Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Friday reported strong revenue and earnings growth for the third quarter. The numbers also beat Wall Street's forecast. Third-quarter revenues
GS Earnings: All you need to know about Goldman Sachs’ Q3 2021 earnings results
The Goldman Sachs Group, Inc. (NYSE: GS) reported third quarter 2021 earnings results today. Revenues increased 26% year-over-year to $13.61 billion. Net earnings applicable to common shareholders increased 63% YoY
PNC Financial Services (PNC) Q3 Earnings: Key financials and quarterly highlights
The PNC Financial Services Group, Inc. (NYSE: PNC) reported third-quarter 2021 earnings results today. Revenues were up 21% year-over-year to $5.1 billion compared to the previous year. Net income attributable
