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Alphabet Shares Jump 14% On Earnings Beat, First-Ever Dividend


Alphabet has reported first quarter results that topped analysts' estimates with soaring profits in its cloud division. It also announced its first-ever dividend. CNBC shares the results: Earnings per share: $1.89 vs. $1.51 per share expected by LSEG Revenue: $80.54 billion vs. $78.59 billion expec...

Alphabet has reported first quarter results that topped analysts' estimates with soaring profits in its cloud division. Alphabet's revenue increased 15% from $69.79 billion a year earlier, the fastest rate of growth since early 2022. The company said it "intends to pay quarterly cash dividends in the future."

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