Google parent Alphabet quarterly revenue beats estimates


FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann

(Reuters) – Google parent Alphabet Inc (GOOGL.O) beat Wall Street estimates for first-quarter revenue on Tuesday, recording 13% growth even as companies drastically slashed spending during the coronavirus crisis.

Revenue rose to $41.2 billion from $36.34 billion a year-ago. (

Analysts on average had expected revenue of $40.3 billion, according to IBES data from Refinitiv.

Reporting by Paresh Dave in San Francisco and Munsif Vengattil in Bengaluru; Editing by Bernard Orr

Products You May Like

Articles You May Like

Prepare to study in Canada
Study permit: Who can apply
What to Consider when Looking to Rent an Apartment in Montreal
Ontario Hoping To Double Economic Immigration To Province Through OINP
New Pathway for Skilled Refugees in Canada
Canada Extends Program To Help Ukrainians Flee War-Torn Homeland
Ontario Invites 746 Canada Express Entry Skilled Trades Candidates With CRS Scores As Low As 250

Leave a Reply

Your email address will not be published. Required fields are marked *