Tag Archive: Earnings

Google’s latest earnings disappoint despite new disclosures

The report confirms YouTube made $ 4.7 billion during the last three months.

What you need to know Google parent company Alphabet has shared its Q4 2019 earnings report. For the first time, it’s been disclosed how much revenue YouTube and Google Cloud generate. Total revenue of $ 37.57 billion was lower than the predicted $ 38.38 billion.

On February 3 following the closing bell on Wall Street, Google parent company Alphabet released its official earnings report  [Read More…]

Google’s revenues increased but earnings declined in Q3 2019

Revenues totalled $ 40.5 billion.

What you need to know Google’s parent company, Alphabet, released its earnings report this Monday. The giant saw revenues of $ 40.5 billion for Q3 2019, up 20% from the same period last year. However, net income declined from $ 9.19 billion in the same quarter the previous year to $ 7.06 billion this year.

Google posted below-expected earnings for Q3 2019. The company’s revenues grew 20% year-over-year, but earnings per share  [Read More…]

Amazon Q2 2019 earnings show $63.4 billion worth of sales

A 20% year-over-year increase from 2018.

What you need to know Amazon has published its earnings report for Q2 2019. The company saw sales of $ 63.4 billion — 20% more compared to Q2 2018. Net income also saw a boost to $ 2.6 billion.

It’s no secret that Amazon pulls in heaps of cash day after day, and with its Q2 2019 earnings report now public, we can see just how much money the online shopping  [Read More…]

Samsung’s Q2 2018 earnings confirm slow sales of the Galaxy S9

Mobile sales are expected to remain challenging.

Samsung just released its earnings report for the second quarter of the year, and in regards to its mobile sales, things are less than ideal.

Although no exact numbers were given, Samsung says that its IT & Mobile Communications division saw a drop in sales for both year-to-year and quarter-on-quarter performance due to the Galaxy S9 seeing “slow sales.” Despite that, the company’s network business “achieved solid growth” thanks to  [Read More…]

Alphabet Q2 2018 earnings: $32.7 billion revenue, $2.8 billion income despite massive EU fine

Strong growth continues for this already-massive company.

Alphabet has just released its Q2 2018 earnings report, showing another quarter of strong growth. The company had revenues of $ 32.7 billion for the quarter, which is up 26% year-over-year — extremely impressive for a company of this size. Operating income was just $ 2.8 billion, which is due in large part to the recent $ 5 billion fine from the European Union.

Google will be able to effectively  [Read More…]

T-Mobile Q1 earnings show $10.46 billion in revenue and record low turnover

The carrier also added 1.4 million new subscribers.

On Monday, May 1, T-Mobile announced its financial report for Q1 of 2018. Although earnings are down by 2.5% compared to this time last year, T-Mobile is showing strong numbers every else across the board.

Looking first at revenues, T-Mobile reported $ 10.46 billion to exceed analysts’ expectations of $ 10.35 billion. Earnings were reported at $ 0.78/share and the carrier added 1.4 million customers (1 million of which  [Read More…]

Alphabet Q1 2018 earnings: $31 billion revenue leads to $7 billion income

First quarter sees strong double-digit growth overall, with advertising driving a bulk of the business.

Alphabet, the parent company comprised of Google and various other subsidiaries, has just released its Q1 2018 earnings. The top-level numbers are strong: $ 31.1 billion in revenue, leading to $ 7 billion in operating income for the three months. Those numbers are increases of 26% and 22% over the previous year, respectively, and earnings per share were $ 13.53. In short,  [Read More…]

Alphabet’s Q3 2016 earnings show massive growth, income hits $5 billion

Other Bets continues to lose money as Google climbs higher.

Google’s parent company Alphabet released its Q3 2016 earnings, showing massive growth for a company of this size. Revenues for the quarter were $ 22.4 billion, which is up a staggering 20% from the year prior, and net income hit new highs surpassing the $ 5 billion mark for the quarter.

As expected, the main Google business provided all of the income and profit for  [Read More…]

Daily brief: Samsung faces flat earnings, Verizon spends money on Pixels

It’s hard to go a full day without some big news regarding Samsung.

There’s a combination of news hits relating to the Galaxy Note 7, and none of it is good. Samsung Electronics released its earnings guidance (what it expects its numbers to look like) for Q3 2016, and both sales and operating profit are about flat from Q2 — that doesn’t bode well for its Q4, which is traditionally big thanks to the holiday buying  [Read More…]

Alphabet releases Q2 2016 earnings: $5.8 billion income on $21.5 billion revenue

Alphabet has released its Q2 fiscal year 2016 earnings report, showing strong year-over-year growth once again with $ 21.5 billion in revenue leading to $ 5.864 billion in non-GAAP net income for the quarter.

The company saw a rise in its revenue compared to the same period a year ago, when it brought in $ 17.727 billion. Non-GAAP net income was also up compared to a year ago when it recorded $ 4.829 billion.

“Our terrific  [Read More…]