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Thursday, February 1, 2018

=Alphabet (GOOG) reported earnings on Thur 1 Feb 2018 (a/h)



Alphabet misses by $0.37, beats on revs
  • Reports Q4 (Dec) earnings of $9.70 per share, $0.37 worse than the Capital IQ Consensus of $10.07; revenues rose 24.0% year/year to $32.32 bln vs the $31.88 bln Capital IQ Consensus.
    • Operating Margin 24% compared to 25% in prior year.
    • Total TAC $6.45 bln compared to $4.84 bln in prior year. 
    • TAC as a percentage of revenue 24% compared to 22% in prior year
  • Aggregate paid clicks 18% compared to 47% in Q4
    • Paid Clicks at Google Properties 19%
    • Paid clicks on Network Members 9%
  • Aggregate cost per click (6)% compared to (18)% in Q3
    • CPC on properties (7)%
    • CPC on Network Members 1% 

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