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: Analyst Corner—DeepSeek Opens the Door for AI Democratization: The AI Opportunity, with Charlie PoonInnovator Profile: ShopVision—Paving the Way for Intelligent E-Commerce with an AI TeammateRetail 2025: China Retail PredictionsInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet Passes
