October 26, 2022
Alphabet reported financial results for the quarter ended March 31, 2022. The firm had earnings per share of $1.06 with $1.25 expected. On the revenue line, Alphabet took in $69.09 billion with $70.58 billion expected.
Pichai, CEO of Alphabet and Google, said: “Q1 saw strong growth in Search and
Cloud, in particular, which are both helping people and businesses as the
digital transformation continues. We’ll keep investing in great
Ruth Porat, CFO of Alphabet and Google, said: “We are pleased with Q1 revenue
growth of 23% year over year. We continue to make considered investments in
Capex, R&D and talent to support long-term value creation for all