Company Earnings Update 5 minutesRegister for Free AccessAlphabet (NASDAQ: GOOGL) 1Q19 Results: Mixed Quarter, Investing for the Long Term, New Consumer Products Coming at Google I/O Coresight Research June 14, 2019 Executive Summary Alphabet (the parent company of Google) reported 1Q19 revenues of $36.34 billion, up 16.7% year over year and below the $37.3 billion consensus estimate. Non-GAAP EPS was $11.90, down 10.8% year over year and beating the $10.60 consensus estimate. Mobile search, YouTube, and Cloud were the key growth drivers in the quarter. The company did not offer guidance; however, it discussed variability in Sites revenue due to changes in the platform for the long-term interest of users and advertisers, strong Cloud momentum, as well as momentum for assistant-enabled Home devices. 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: The Closure of Zulily: Analyzing Its Impacts on Rivals and StakeholdersWhy the Future of Pricing Is Customer-CentricUS Apparel and Beauty Spending Tracker: February 2023 Clothing and Footwear Spending Posts Solid Growth Despite Strong ComparativesInnovator Profile: Radd.’s Video-Marketing Tool Drives E-Commerce Traffic and Conversion
