- EPS $1.89 versus $1.51 expected
- Revenues $8.54 billion versus $78.59 billion estimate
- Cloud revenue comes at $9.6 billion
- Alphabet issues a $0.20 per share dividend (its first ever dividend)
Shares of Alphabet are up $19 or 12.18%.
Meanwhile Intel did not have such a great quarter with:
- Ddjusted earnings-per-share of $0.18 versus $0.14 expected.
- Revenues messed at $12.7 billion versus $12.78 billion estimate.
The not so great news is that they forecast EPS of $0.10 in the Q2 versus $0.24 expected. They also see Q2 revenues of $12.5 billion to $13.5 billion versus $13.63 billion expected.
Shares of Intel are trading down 7.04% at $32.64
This article was written by Greg Michalowski at www.forexlive.com.
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