Alphabet (GOOG) reported earnings on Thur 28 Jul 2016 (a/h)

** charts before earnings **

 

** charts after earnings **

Alphabet beats by $0.38, beats on revs:

• Reports Q2 (Jun) earnings of $8.42 per share, $0.38 better than the Capital IQ Consensus of $8.04; revenues rose 21.3% year/year to $21.5 bln vs the $20.77 bln Capital IQ Consensus.
• Non-GAAP Operating Margin 35% compared to 34% in Q1
• Cost of revenues as a % 38% compared to 37% in prior year
• CapEx $2.123 bln compared to $2.515 bln in prior year period.
• Free Cash Flow $6.997 bln compared to $4.581 bln in prior year.
• Other Bets revenue $185 mln compared to $74 mln in prior year; Operating Loss $859 mln compared to $660 mln in prior year.
• Aggregate Paid Clicks Q2 +29%;-Q1 +29%;Q4 +31%; Q3 +23%.
  • Paid Clicks on Google websites- Q2 +37%;Q1 +38%; Q4 +40%; Q3 +35%.
  • Paid clicks on member sites- Q2 0%;Q1 +2%; Q4 +2%; Q3 -5%.
• Aggregate cost per click- Q2 -7%; Q1 -9%; Q4 -13%; Q3 -11%
  • CPC on Google sites- Q2 -9%;Q1 -12%; Q4 -16%; Q3 -16%.
  • CPC on member sites- Q1 -8%; -8%; Q4 -8%; Q3 -4%.