Google's parent company, Alphabet has released its earnings report for the fourth quarter of 2019, including the fiscal year of 2019. They posted a growth of 17% in Q4 compared to last year with approx $46 billion in revenue. For the entire year, Alphabet reported $162 billion in total revenue, up 18% year over year and up 20% on a constant currency basis. This year was the first time Alphabet disclosed its YouTube Advertisement revenue. The company had historically been very secretive with this number for unknown reasons. Now, with this report, we know that YouTube ads alone generated a revenue of a whopping ~$15 billion for the year 2019. They record a net income of approximately $10.6 billion for Q4 2019, calculating to a growth of 19.25% YoY. For the year 2019, net income was recorded at $34.3 billion which a YoY increase of 11.73%. Its diluted EPS grew to $15.35 in Q4 2019 from $12.77 in Q3 2018. The number of employees in 2019 was reported as 118,899, up from 98,771 in 2018. Alphabet held a livestream to further breakdown the numbers from the Q3 2019 release report with investors and members of the press. Commenting on the earnings report for Q4 ...
Tuesday, 4 February 2020
Alphabet records $46 billion revenue, up 19% YoY in Q4 2019, $4.7 billion from YouTube ads
Google's parent company, Alphabet has released its earnings report for the fourth quarter of 2019, including the fiscal year of 2019. They posted a growth of 17% in Q4 compared to last year with approx $46 billion in revenue. For the entire year, Alphabet reported $162 billion in total revenue, up 18% year over year and up 20% on a constant currency basis. This year was the first time Alphabet disclosed its YouTube Advertisement revenue. The company had historically been very secretive with this number for unknown reasons. Now, with this report, we know that YouTube ads alone generated a revenue of a whopping ~$15 billion for the year 2019. They record a net income of approximately $10.6 billion for Q4 2019, calculating to a growth of 19.25% YoY. For the year 2019, net income was recorded at $34.3 billion which a YoY increase of 11.73%. Its diluted EPS grew to $15.35 in Q4 2019 from $12.77 in Q3 2018. The number of employees in 2019 was reported as 118,899, up from 98,771 in 2018. Alphabet held a livestream to further breakdown the numbers from the Q3 2019 release report with investors and members of the press. Commenting on the earnings report for Q4 ...
