Investing.com - Alphabet A (NASDAQ:GOOGL) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $13.06 on revenue of $33.74B. Analysts polled by Investing.com expected EPS of $10.45 on revenue of $27.3B. That compared to EPS of $9.57 on revenue of $27.77B in the same period a year earlier. The company had reported EPS of $11.75 on revenue of $26.24B in the previous quarter.
Alphabet A shares lost 99.91% to trade at $1,066.59 in after-hours trade following the report.
For the year, Alphabet A shares are down 4.46%, under-performing the Nasdaq 100 which is up 9.09% year to date.
Alphabet A follows other major Technology sector earnings this month
On Wednesday, Microsoft (NASDAQ:MSFT) reported first quarter EPS of $1.14 on revenue of $29.08B, compared to forecasts of EPS of $0.96 on revenue of $27.9B.
Alphabet C (NASDAQ:GOOG) earnings beat analyst's expectations on Thursday, with third quarter EPS of $13.06 on revenue of $33.74B. Investing.com analysts expected EPS of $10.45 on revenue of $27.3B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar