Alphabet Inc., aka Google, reported strong Q1 earnings, beating estimates on both revenue and GAAP EPS, driving a 4% stock increase. Key growth areas include Google Search, YouTube, and Google Cloud, with a notable 12% revenue growth and 49% EPS growth. Alphabet's strong balance sheet supports significant capital expenditures and shareholder returns, including a new $70 billion share repurchase authorization.
Imagine making an extra $8 billion and not really caring about it. That's Google, right now: The company says the value of one of its investments increased by $8 billion this quarter, but won't say which one.
Alphabet (GOOGL) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.02 per share. This compares to earnings of $1.89 per share a year ago.
Alphabet Inc. (GOOG) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.02 per share. This compares to earnings of $1.89 per share a year ago.
Alphabet Inc. aka Google reported strong Q1 earnings with a 12% YoY sales growth to $90.23 billion and GAAP EPS of $2.81, beating expectations by a wide margin. The company's diversified ventures, including Google Cloud, Waymo, Gemini, and custom silicon, alongside its dominant ad business, provide a robust growth runway. Despite legal uncertainties and AI disruption fears, Alphabet's brand durability and technological leadership make it a compelling investment, warranting a Strong Buy rating.
Alphabet Inc./Google announced a significant dividend increase, reflecting strong financial health and commitment to returning value to shareholders. A massive $70 billion stock buyback program was unveiled, signaling confidence in future growth and an undervaluation of the current stock prices. A Strong Buy for GOOGL stock is justified by search growth, which was the primary market worry coming into this print.
Revenue from Google's mainstay ad business, which makes up about 75% of its overall revenue, rose 8.5% to $66.89 billion.
Google parent Alphabet unveiled a $70 billion share buyback and beat quarterly revenue estimates on Thursday, benefiting from steady growth in its digital advertising business.
Google's parent company, which is battling the government to stay intact after losing two antitrust cases, also said quarterly profit rose 46 percent.
Google parent Alphabet (GOOGL) reported first-quarter revenue and profit that exceeded analysts' expectations, sending shares higher in extended trading Thursday.
Chief Executive Sundar Pichai said search saw continued strong growth, boosted by engagement with its artificial intelligence features.
Alphabet reported its 2025 first-quarter results on Thursday. Google CEO Sundar Pichai credited an "unique full stack approach to AI" for "strong Q1 results.