Alphabet Q1 2024 Earnings Report
Key Takeaways
Alphabet's Q1 2024 earnings showcased strong revenue growth, driven by Search, YouTube, and Cloud. The company reported revenues of $80.5 billion, a 15% increase year-over-year, and an expansion in operating margin. A cash dividend program was initiated, and the board authorized the repurchase of up to $70 billion of Class A and Class C shares.
Revenues reached $80.5 billion, up 15% year-over-year.
Operating income was $25.47 billion, with an operating margin of 32%.
Net income amounted to $23.66 billion, resulting in diluted EPS of $1.89.
The board of directors approved a cash dividend program and authorized up to $70 billion in stock repurchases.
Alphabet
Alphabet
Alphabet Revenue by Segment
Alphabet Revenue by Geographic Location
Forward Guidance
The press release does not contain specific forward guidance. It mentions forward-looking statements and refers to risks and uncertainties detailed in the company's filings.
Positive Outlook
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Challenges Ahead
- Not applicable as no specific negative guidance is provided.
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- Not applicable as no specific negative guidance is provided.
Revenue & Expenses
Visualization of income flow from segment revenue to net income