Alphabet is up >6% after-market – they reported earnings, beating on top line and EPS. Alphabet 2Q Rev. Ex-TAC $31.71B vs street $30.84B. EPS was $14.21 vs street $11.49. Positives included strong growth in “other” revenue which includes cloud and some moderation in capex spending which has been very elevated. More details to come.
$GOOGL.US
[tag GOOGL]
Sarah Kanwal
Equity Analyst, Director
Direct: 617.226.0022
Fax: 617.523.8118
Crestwood Advisors
One Liberty Square, Suite 500
Boston, MA 02109