Friday, 25 April 2025

Alphabet posts $90.23 billion in revenue for Q1, beating expectations

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Alphabet, the parent company of Google and YouTube, announced its first-quarter earnings on Thursday, which exceeded expectations. Revenue reached $90.23 billion, compared to $89.12 billion estimated by LSEG.

Earnings per share for the first quarter reached $2.81, compared to $2.01 estimated by LSEG.

According to CNBC, the company’s price rose more than 4% in after-hours trading following the earnings announcement.

YouTube ad revenue for the first quarter of 2025 was $8.93 billion, compared to $8.97 billion estimated by StreetAccount.

Google Cloud revenue also came in at $12.26 billion, slightly below the $12.27 billion forecast by StreetAccount. Visit acquisition costs (TAC) reached approximately $13.75 billion during the first quarter, compared to expectations of $13.66 billion, according to StreetAccount.

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