Alphabet: beats consensus in Q4
(CercleFinance.com) - On Monday evening, Alphabet, the parent company of the Google search engine, revealed EPS of 12.
77 dollars for the last three months of 2018, against a loss of 4.35 dollars per share in ,Q4 2017 exceeding the consensus by about two dollars.
The technology giant saw its operating margin fall by three points year-on-year to 21%, although its revenues rose by 22% to 39.3 billion dollars (+23% at constant exchange rates), again exceeding analysts' expectations.
Ruth Porat, Chief Financial Officer of Alphabet and Google said, "With great opportunities ahead, we continue to make focused investments in the talent and infrastructure needed to bring exceptional products and experiences to our users, advertisers and partners around the globe."
Copyright (c) 2019 CercleFinance.com. All rights reserved.
77 dollars for the last three months of 2018, against a loss of 4.35 dollars per share in ,Q4 2017 exceeding the consensus by about two dollars.
The technology giant saw its operating margin fall by three points year-on-year to 21%, although its revenues rose by 22% to 39.3 billion dollars (+23% at constant exchange rates), again exceeding analysts' expectations.
Ruth Porat, Chief Financial Officer of Alphabet and Google said, "With great opportunities ahead, we continue to make focused investments in the talent and infrastructure needed to bring exceptional products and experiences to our users, advertisers and partners around the globe."
Copyright (c) 2019 CercleFinance.com. All rights reserved.