Alphabet first quarter revenue of $31 billion 100 million, net profit of $9 billion 400 million

category:Internet
 Alphabet first quarter revenue of $31 billion 100 million, net profit of $9 billion 400 million


In its earnings report, Google disclosed for the first time its investment in the taxi service Uber and other companies, which made up to 3 billion US dollars. In addition, Alphabets smart home company Nest continues to lose money, but its losses have dropped to below $1 billion. In the first quarter of 2018, Alphabets Google capital expenditure totaled $7 billion 669 million, two times more than the same period last year ($2 billion 409 million), two times the fourth quarter of 2017 ($3 billion 805 million) and more than analysts expected two times. Ruth Porat, chief financial officer of Google, said at the earnings call conference that this peak indicates RuthPorats commitment to growth. Analysts had previously estimated that all the Alphabets first quarter capital expenditures were only $3 billion 500 million. Porat said data centers and other facilities are key drivers of its cost growth. Google bought New Yorks Chelsea market building for $2 billion 400 million last month, while YouTube and hardware related cost acquisitions also helped boost spending. Alphabet major financial data for the first quarter (GAAP): Revenue was $31 billion 146 million, compared with $24 billion 750 million in the same period last year, an increase of 26% over the same period last year, excluding the effect of exchange rate changes, an increase of 23% over the same period last year. Operating profit of $7 billion 1 million, a profit of $6 billion 568 million in the same period last year, and a GAAP operating profit of 22%%, compared with 27% in the same period last year. Net profit was $9 billion 401 million, compared with $5 billion 426 million in the same period last year. Diluted earnings per share were $13.33, compared with $7.73 a share in the same period last year. The effective tax rate was 11%, which was 20% in the same period last year. The total number of employees was 85050, compared with 73992 last year. Google business related data: Advertising revenue was $26 billion 600 million, compared with $21 billion 400 million in the same period last year, an increase of 24% over the same period last year. Other revenue was $4 billion 400 million, compared with $3 billion 200 million in the same period last year, an increase of 37% over the same period last year. Revenue was $31 billion, compared with $24 billion 600 million in the same period last year, an increase of 26% over the same period last year. Cumulative pay clicks increased by 55%, an increase of 11% over the same period. Accumulative cost per click reduced by 18%, and the ratio decreased by 9%. The total traffic purchase cost is US $6 billion 288 million, which accounts for 24% of Googles advertising revenue. Last year it was US $4 billion 629 million, accounting for 22% of Googles advertising revenue. Operating profit of $8 billion 400 million, compared with $7 billion 400 million in the same period last year, an increase of 14% over the same period last year. Other business related data: revenue was $150 million, compared with $132 million in the same period last year, an increase of 14% over the same period last year. The operating loss was $571 million, compared with a loss of $703 million during the same period last year. (author: EditorAI) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 Cumulative pay clicks increased by 55%, an increase of 11% over the same period. Accumulative cost per click reduced by 18%, and the ratio decreased by 9%. The total traffic purchase cost is US $6 billion 288 million, which accounts for 24% of Googles advertising revenue. Last year it was US $4 billion 629 million, accounting for 22% of Googles advertising revenue. Operating profit of $8 billion 400 million, compared with $7 billion 400 million in the same period last year, an increase of 14% over the same period last year. Other business related data: Revenue was $150 million, compared with $132 million in the same period last year, an increase of 14% over the same period last year. The operating loss was $571 million, compared with a loss of $703 million during the same period last year. (author: EditorAI)