Friday, April 25, 2025
spot_imgspot_imgspot_imgspot_img
HomeBusinessGoogle Parents Buys the Repliven Stock, expands dividends in earnings

Google Parents Buys the Repliven Stock, expands dividends in earnings


Google Parents’ Alphabet It said that it would buy shares worth $ 70 billion and its dividend would increase by 5% as it reported the first quarter earnings before Wall Street’s expectations on Thursday.

Adding about 75 billion dollars to the company’s market price, shares jumped 4% in extended trading.

The alphabet benefited from steady growth in its digital advertising business, defeating quarterly revenue estimates, which helped offset silence in its cloud computing unit.

3M defeated the first quarter estimate, the potential tariff hit the profit of 2025.

CEO of the alphabet beautiful Pichai. (Photo through Getty Image / Getty Image by Christof Soaer / Picture Alliance)

us President Donald Trump’s The trade policy has triggered the concerns of an economic recession, motivating companies to reconsider their expenses on advertising. But analysts say that the digital advertising market still had its own land in the first quarter.

Revenue from Google’s main advertising business, which makes about 75% of its overall revenue, increased by 8.5% in the quarter to $ 66.89 billion – a recession from an increase of 10.6% of the previous quarter, but still is above expectations for analysts’ growth of 7.7%.

Langer Security Last Change Change %
Gogal Alphabet ink. 159.28 +3.93

+2.53%

Google Claude recorded a 28% increase in revenue due to an increase of 30.1% in the last quarter. According to LSEG data collection, analysts were expected to report a revenue of $ 12.27 billion.

Get Fox Business when you click here

The company told Total revenue of $ 90.23 billion According to data compiled by LSEG, for the first quarter, compared to the average estimates of analysts, compared to the average estimates of analysts.

The first quarter net income was $ 34.54 billion, which crossed the $ 24.85 billion expectations of Wall Street.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

Enable Notifications OK No thanks