Alphabet Tops Estimates For Second Quarter Revenue
- 6 years ago
According to Business Insider, Alphabet's second quarter earnings report beat analyst expectations.
Posted after the closing bell on Wall Street, Alphabet shares spiked over 5-percent in after-hours trading due to the positive earnings report.
Before adjustments, Alphabet recorded earnings of $11.75 per share, bet their adjusted earnings of $10.58 beat analyst expectations by $1.
Alphabet also reported a total revenue of $26.24 billion, while analysts expected them to report $25.55 billion.
But most of that revenue came from Google's advertising business.
Posted after the closing bell on Wall Street, Alphabet shares spiked over 5-percent in after-hours trading due to the positive earnings report.
Before adjustments, Alphabet recorded earnings of $11.75 per share, bet their adjusted earnings of $10.58 beat analyst expectations by $1.
Alphabet also reported a total revenue of $26.24 billion, while analysts expected them to report $25.55 billion.
But most of that revenue came from Google's advertising business.