Alphabet Earnings: Mobile And YouTube Boosts Google Revenues As Other Bets Still Bleed Cash |
| October 29, 2016 | October 2016 Bond Updates |
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Alphabet (NADDAQ:GOOG,GOOGL) announced first quarter results on October 27th. For the quarter, the company reported 20% year-on-year growth in revenues to $22.45 billion, in line with our expectation. On a constant-currency basis, revenues grew 23%. Google segment revenues for the quarter were $22.25 billion and were up 20% over the [...] |
| View more at: http://www.forbes.com/sites/greatspeculations/2016/10/28/alphabet-earnings-mobile-and-youtube-boosts-google-revenues-as-other-bets-still-bleed-cash/ |
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