Thursday, July 28, 2016

Alphabet revenue, Google matrix, rise more than expected – Expansion MX

(Reuters) –

The revenue Alphabet, matrix Google, increased by 23.1% in the second quarter, better than expected by the market, due to strong sales of advertising devices mobile and video content.

the company’s shares jumped more than 6% in subsequent operations to the regular market close, before reducing the advance to about 3%.

consolidated revenues Alphabet advanced to 21.500 million in the three months ended June 30, from 17,730 million dollars a year earlier

Lee. Do the major technological will present good reports?

on average, analysts expected sales of 20,760 billion, according to Thomson Reuters I / B / E / S.

advertising revenue of Google grew by 19.5% to 19,140 million, while recorded a 29% increase in its click paid, where advertisers pay the company only if a user enters the advertisement.

Alphabet , which dominates the market for mobile advertising systems together with rival Facebook, has tried to increase its ad sales of mobile business and video, which until last year were slightly less profitable than personal computers.

the company’s earnings rose to 4,880 million, or $ 7 per share of Class a and B, from 3,930 billion, or $ 4.93, a year ago.

excluding items, the company earned $ 8.42 a share, beating the average analyst estimates of $ 8.04, according to Thomson Reuters I / B / E / S.

LikeTweet

No comments:

Post a Comment