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Alphabet: Google revenues were $18.7 billion

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Staff writer ▼ | October 22, 2015
Alphabet, the parent holding company of Google, announced financial results of Google as it existed prior to the reorganization that became effective on October 2, 2015 for the quarter ended September 30, 2015.
Google
Alphabet   Google EPS was $7.35
Alphabet posted revenue of $18.7 billion for the third quarter, beating analysts' estimates of $18.53 billion, and showing growth of 13 percent year-to-year. The company also posted an earnings per share of $7.35, beating analysts' estimates of $7.21 in earnings per share.

“Our Q3 results show the strength of Google's business, particularly in mobile search. With six products now having more than 1 billion users globally, we're excited about the opportunities ahead of Google, and across Alphabet,” Ruth Porat, chief financial officer of Alphabet and Google, said in a statement.

Had foreign exchange rates remained constant from the third quarter of 2014 through the third quarter of 2015, our revenues in the third quarter of 2015 would have been $1,291 million higher with a constant currency growth rate of 21% year over year.

This includes a foreign exchange rate impact of $1,577 million, offset by hedging gains of $286 million related to our foreign exchange risk management program.


 

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