Company News: Alphabet (GOOG) quarterly results beat analysts’ expectations

Market news

31 July 2020

Company News: Alphabet (GOOG) quarterly results beat analysts’ expectations

Alphabet (GOOG) reported Q2 FY 2020 earnings of $10.13 per share (versus $14.21 per share in Q2 FY 2019), beating analysts’ consensus estimate of $8.23 per share.

The company’s quarterly revenues amounted to $38.297 bln (-1.7% y/y), beating analysts’ consensus estimate of $37.342 bln.

GOOG rose to $1,543.06 (+0.76%) in pre-market trading.

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