Alphabet Inc’s Q1 2019 Earnings Disappoint As Google’s Ad Revenues Fall
https://wccftech.com/alphabet-q1-2019-earnings-fall/
Under the shadow of the EC’s latest fine, Google’s parent company Alphabet Inc (NASDAQ:GOOG) reported its earnings results for the first quarter of 2019. Prior to the company’s investor call, Wall Street had set expectations for $30 Billion in Revenue and Alphabet Inc. has reported Revenues of $29.48 Billion.
The group has however exceeded estimations for Earnings Per Share, by reporting $11.90/share as opposed to estimates of $10.17/share. As Alphabet had announced prior to today’s earnings release, the company has also accounted for a $1.9 Billion fine levied on it by the European Commission for uncompetitive practices part of agreements that Google had with its AdSense partners.
Alphabet Inc’s Q1 2019 Earnings Disappoint As Google’s Ad Revenues Fall
Apr 29, 2019, 10:13pm UTC
https://wccftech.com/alphabet-q1-2019-earnings-fall/
> Under the shadow of the EC’s latest fine, Google’s parent company Alphabet Inc (NASDAQ:GOOG) reported its earnings results for the first quarter of 2019. Prior to the company’s investor call, Wall Street had set expectations for $30 Billion in Revenue and Alphabet Inc. has reported Revenues of $29.48 Billion.
> The group has however exceeded estimations for Earnings Per Share, by reporting $11.90/share as opposed to estimates of $10.17/share. As Alphabet had announced prior to today’s earnings release, the company has also accounted for a $1.9 Billion fine levied on it by the European Commission for uncompetitive practices part of agreements that Google had with its AdSense partners.