Sundar Pichai, CEO, Alphabet
Source: Google
Alphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates, showed soaring profits in its cloud division and announced its first dividend.
The after-hours jump lifted Alphabet’s market cap past $2 trillion.
Here are the results.
- Earnings per share: $1.89 vs. $1.51 expected by LSEG
- Revenue: $80.54 billion vs. $78.59 billion expected by LSEG
Wall Street is also watching several other numbers in the report:
- YouTube advertising revenue: $8.09 billion vs. $7.72 billion expected, according to StreetAccount.
- Google Cloud revenue: $9.57 billion vs. $9.35 billion expected, according to…
Source cnbc.com