Investing.com - Alphabet A (NASDAQ:GOOGL) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alphabet A announced earnings per share of $10.13 on revenue of $38.30B. Analysts polled by Investing.com anticipated EPS of $8.03 on revenue of $37.3B.
Alphabet A shares are up 14% from the beginning of the year and are trading at $1,572.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.52% from the start of the year.
Alphabet A shares gained 2.30% in after-hours trade the report.
Alphabet A follows other major Technology sector earnings this month
Alphabet A's report follows an earnings beat by Microsoft on Wednesday, July 22, 2020, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.34 on revenue of $36.54B.
Alphabet C had beat expectations on Thursday with second quarter EPS of $10.13 on revenue of $38.30B, compared to forecast for EPS of $8.04 on revenue of $37.3B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar