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Google parent Alphabet beats quarterly revenue estimates

  • Alphabet released its first-quarter earnings report Thursday afternoon.
  • The company achieved these results despite facing competitive, legal, and economic challenges including trade war impacts.
  • Investment in artificial intelligence infrastructure grew, and the company announced a significant stock repurchase and dividend increase.
  • Net income surged 46 percent to $34.5 billion as revenue rose 12 percent to $90.2 billion, exceeding estimates.
  • The robust results boosted shares in after-hours trading, demonstrating search and cloud strength.
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Forbes broke the news in United States on Thursday, April 24, 2025.
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