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Ekonomické zprávy
26.04.2023

Company news: Alphabet (GOOG) quarterly results beat analysts’ estimates

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.

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