Google Roars Back To Recovery With Strong Third Quarter 2020 Revenue

Google Roars Back To Recovery With Strong Third Quarter 2020 Revenue

4 years ago
Anonymous $RGO3jP_V_c

https://wccftech.com/google-roars-back-to-recovery-with-strong-third-quarter-2020-revenue/

Google's parent company Alphabet Inc has released its earnings report for the third quarter of 2020 today. The release is a crucial one as it relates to the quarter that shows how Google has managed to recover after the company's revenue and operating income fell during the second quarter of this year in the aftermath of sharp drops in spending all over the globe.

For its third quarter, Google has reported $46 billion in revenue, $11 billion in net income and $16.40 in diluted earnings per share beating analyst estimates. These estimates had pegged the company to bring in ~$43 billion in revenue and ~$11.37 in earnings per share.

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