Alphabet Class A Beats
Alphabet Class A (GOOGL) reported 3rd Quarter September 2018 earnings of $13.06 per share on revenue of $33.7 billion. The consensus earnings estimate was $10.54 per share on revenue of $27.3 billion. The Earnings Whisper number was $10.68 per share. Revenue grew 21.5% on a year-over-year basis.
Google Inc is a web search and online advertising company. The Company offers search, online advertising, operating systems and platforms, enterprise and hardware products.
Alphabet Announces Third Quarter 2018 Results
MOUNTAIN VIEW, Calif. – October 25, 2018 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial
results for the quarter ended September 30, 2018.
"Our business continues to have strong momentum globally, led by mobile search and our many products that help
billions of people every day," said Ruth Porat, Chief Financial Officer of Alphabet and Google. "Alphabet revenues
were $33.7 billion, up 21% versus the third quarter of 2017, and we remain focused on delivering on the opportunities
Q3 2018 financial highlights
The following summarizes our consolidated financial results for the quarters ended September 30, 2017 and 2018 (in
millions, except for per share information, percentages, and number of employees; unaudited) with results for the
quarter ended September 30, 2018 affected by gains on equity securities reflected in other income (expense), net
For the full press release, please go here