Alphabet (GOOG) reported Q1 FY2023 earnings of $1.17 per share (versus $24.62 per share in Q1 FY2022), beating analysts’ consensus estimate of $1.07 per share.
The company’s quarterly revenues amounted to $69.787 bln +2.6 y/y), beating analysts’ consensus estimate of $68.796 bln.
Also, the company's board of directors authorized the repurchase of up to an additional $70 bln of class A and class C shares.
GOOG rose to $105.48 (+0.83%) in pre-market trading.
