Alphabet, which is the parent company of Google and YouTube, disclosed its earnings for the first quarter on Thursday after the market closed.
Here’s how the company performed compared to the projections from analysts surveyed by LSEG:
Revenue: $90.23 billion versus $89.12 billion, as estimated
Earnings per share: $2.81 versus $2.01, as estimated.
Investors are also paying attention to several other figures in the Alphabet report:
- YouTube advertising revenue: $8.97 billion, according to StreetAccount
- Google Cloud revenue: $12.27 billion, according to StreetAccount
- Traffic acquisition costs (TAC): $13.66 billion, according to StreetAccount.