Alphabet: easily beats consensus in Q2
(CercleFinance.com) - On Thursday night Alphabet unveiled net profit that is up 20% at 9.
95 billion dollars for the second quarter of 2019, or 14.21 dollars per share, beating the consensus by just over three dollars.
The technology giant, which is the parent company of the search engine Google and YouTube, saw its adjusted operating margin slip by one point to 24%, for revenues that are up 19% to 38.9 billion dollars (+22% at constant exchange rates).
Google CEO Sundar Pichai highlighted improved core information products, such as research and mapping, as well as new breakthroughs in artificial intelligence and growing offerings in the cloud.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
95 billion dollars for the second quarter of 2019, or 14.21 dollars per share, beating the consensus by just over three dollars.
The technology giant, which is the parent company of the search engine Google and YouTube, saw its adjusted operating margin slip by one point to 24%, for revenues that are up 19% to 38.9 billion dollars (+22% at constant exchange rates).
Google CEO Sundar Pichai highlighted improved core information products, such as research and mapping, as well as new breakthroughs in artificial intelligence and growing offerings in the cloud.
Copyright (c) 2019 CercleFinance.com. All rights reserved.