Investing.com - Alphabet A (NASDAQ:GOOGL) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Alphabet A announced earnings per share of $26.29 on revenue of $55.31B. Analysts polled by Investing.com anticipated EPS of $15.66 on revenue of $51.36B.
Alphabet A shares are up 30% from the beginning of the year, still down 1.44% from its 52 week high of $2,324.53 set on April 26. They are outperforming the Nasdaq 100 which is up 8.32% from the start of the year.
Alphabet A shares gained 5.02% in after-hours trade following the report.
Alphabet A follows other major Technology sector earnings this month
Alphabet A's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on revenue of $41.71B, compared to forecasts EPS of $1.78 on revenue of $41.04B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $0.9497 on revenue of $12.77B, compared to forecast for EPS of $0.9247 on revenue of $12.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar