The attached income of the first quarter of 2020

The company announced that the parent company Google American announced its financial results for the first quarter of the current year 2020, including revenues of $ 41.2 million and a net profit of $ 6.8 million and earnings per share of 9.87 million, compared to revenues of $ 36.3 million and net income of $ 8.3 million and earnings per share 11.90 USD for the same period of last year.

By.8 million, the form of ads Google, 82% of the total revenues of the parent company have in the first quarter, while analysts were expecting total revenue of $ 40.3 million and earnings per share 10.38 million.

Therefore, the company exceeds the expectations of analysts in terms of total revenue but did not achieve earnings per share is expected, leading to the decrease of share price by 3% after the announcement, to rise later and by 7% in after-hours trading.

In addition, the company raised the number of its employees increased by 19% to 123.048 staff in the first quarter of 2020.

Source: VB

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