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25.04.2025
Company news: Alphabet’s (GOOG) quarterly results beat analysts’ estimates
Alphabet (GOOG) reported Q1 FY2025 earnings of $2.81 per share (versus $1.89 per share in Q1 FY2024), strongly beating analysts’ consensus estimate of $2.01 per share.
The company’s quarterly revenues amounted to $90.234 bln (+12.0% y/y), beating analysts’ consensus estimate of $89.178 bln.
The company also said its Board of Directors authorised a repurchase of up to an additional $70.0 bln of its Class A and Class C shares and increased the quarterly dividend by 5% to $0.21/share.
GOOG rose to $170.41 (+5.54%) in pre-market trading.
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