Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020.
Yves Herman | Reuters
Alphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates and announced its first dividend.
Here are the results.
- Earnings per share: $1.89 vs. $1.51 per share expected by LSEG
- Revenue: $80.54 billion vs. $78.59 billion expected by LSEG
Wall Street is also watching several other numbers in the report:
- YouTube advertising revenue: $8.09 billion vs. $7.72 billion expected, according to StreetAccount.
- Google Cloud revenue: $9.57 billion vs. $9.35 billion expected, according to StreetAccount.
- Traffic acquisition costs (TAC): $12.95 billion $12.74 billion expected, according to StreetAccount.
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