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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: January 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales GrowthFinancial Optimism Weakens in Year-to-Date 2024: US Consumer Survey InsightsEarnings Insights 4Q22, Week 7: BJ’s Wholesale, Dick’s, JD.com and Ulta Beauty Post Strong Sales Growth; Gap Sees Sales DeclineEarnings Insights 1Q24, Week 1: L’Oréal and Skechers Report Positive Sales Growth, Columbia Sportswear and Levi’s Post Sales Declines