Earnings Results
Google’s cloud business has big opportunity ahead once it adds capacity. Meanwhile the stock is cheap relative to historical levels.
Published: April 24, 2025 at 8:01 p.m. ET
Investors have spent the better part of the year dumping high-risk tech stocks in fear of a macroeconomic slowdown. All the while, Alphabet Inc. was riding out a solid first quarter.
On Thursday, the Google parent company GOOGL GOOG reported first-quarter earnings per share of $2.81, beating the FactSet consensus of $2.01, while revenue came in at $90.2 billion, beating expectations for $89.2 billion. Additionally, the company announced a new $70 billion share-buyback program and said it would increase its dividend by 5%.
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