Company Earnings Update 2 minutesRegister for Free AccessAlphabet (GOOG) 1Q16 Results: Solid Quarter, but EPS Misses Coresight Research April 21, 2016 Executive Summary Alphabet reported 1Q16 revenues of $20.3 billion, up 17.4% year over year. Non-GAAP EPS was $7.50, missing the consensus estimate of $7.96. Google websites were the primary revenue growth driver, up 20.1%, but Google Network Members’ website revenue grew by only 3%. Aggregate paid clicks increased by 29% year over year, and paid clicks on Google websites increased by 38% year over year alongside continuing decreases in cost per click. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Shoptalk 2023 “Shark Reef” Startup Pitch Competition: Recap—12 Innovators, Two WinnersFive Ways AI Is Being Used in Luxury RetailGenerative AI Latest: GenAI Chatbots and Apps Are Ready for Prime TimeDiscount Decades—US Apparel and Footwear Discounters: Set For Market Share Gains
