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4q20’s revenue was US $56.898 billion, up 23% year on year From Alphabet

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The following is the 4q20’s revenue was US $56.898 billion, up 23% year on year From Alphabet recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report, Investment & Economy, Search Engines, Mobile Internet.

On February 3, 2021, Google parent company alphabet( NASDAQ:GOOG )The company’s fourth quarter results as of December 31, 2020 were released after the US stock market closed on Monday (early Tuesday, Beijing time).

According to the report, the fourth quarter revenue of alphabet was US $56.898 billion, an increase of 23% compared with us $46.075 billion in the same period of last year. Excluding the impact of exchange rate changes, it also increased by 23% year on year, exceeding Wall Street analysts’ expectations. Alpha’s fourth quarter net profit was $15.227 billion, compared with $10.671 billion in the same period last year, and its diluted earnings per share was $22.30, which also exceeded analysts’ expectations, compared with $15.35 in the same period last year.

After the financial report, alphabet shares rose 5.7% to $2027.95.

Performance summary:

– the fourth quarter revenue of alphabet was US $56.898 billion, up 23% from US $46.075 billion in the same period last year. Excluding the impact of exchange rate changes, it also increased 23% year on year, exceeding Wall Street analysts’ expectations.

– alphabet’s total traffic acquisition cost in the fourth quarter was $10.466 billion, compared with $8.501 billion in the same period last year.

– alphabet’s fourth quarter net profit was $15.227 billion, compared with $10.671 billion in the same period last year, and its diluted earnings per share was $22.30, which also exceeded analysts’ expectations, compared with $15.35 in the same period last year.

Analysts expect:

According to FactSet, a financial information provider, analysts had expected alpha’s earnings per share to reach $15.9 in the fourth quarter on average.

According to FactSet, a financial information provider, analysts had expected alpha’s fourth quarter sales to reach $53.1 billion on average.

Performance of each department:

Google search and other businesses of alpha’s Google division generated revenue of $31.903 billion in the fourth quarter, up from $27.185 billion in the same period last year.

Google’s YouTube advertising business generated $6.885 billion in revenue in the fourth quarter, up from $4.717 billion in the same period last year.

Google’s fourth quarter online membership revenue was $7.411 billion, up from $6.032 billion a year earlier.

– the fourth quarter advertising revenue of Google division of alphabet, which is the sum of Google’s search and other business revenue, YouTube’s advertising business revenue and Internet revenue, was $46.199 billion, up from $37.934 billion in the same period last year.

Other revenue for alpha’s Google division in the fourth quarter was $6.674 billion, up from $5.264 billion in the same period last year.

The total revenue of Google services of alpha’s Google division in the fourth quarter (that is, the total revenue of the above businesses) was $52.873 billion, up from $43.198 billion in the same period last year.

The Google cloud business of alphabet’s Google division generated revenue of $3.831 billion in the fourth quarter, up from $2.614 billion in the same period last year.

The fourth quarter revenue of alpha’s “other bets” business was $196 million, up from $172 million in the same period last year.

– alphabet had a hedging loss of $2 million in the fourth quarter, compared with a hedging gain of $91 million a year earlier.

Performance by Region:

– in the fourth quarter, revenue from EMEA (Europe, Middle East and Africa) was $17.238 billion, up 22% year-on-year and 24% month on month.

– alphabet’s revenue from the Asia Pacific region in the fourth quarter was $9.909 billion, up 32% year-on-year and 17% month on month.

– alphabet’s revenue from the United States in the fourth quarter was $26.703 billion, up 23% year-on-year and 25% month on month.

– alpha’s fourth quarter revenue from the rest of the Americas was $3.05 billion, up 14% year-on-year and 29% month on month.

Other financial information:

Alpha’s operating profit in the fourth quarter was $15.651 billion, compared with $9.266 billion in the same period last year, and its operating profit margin was 28%, compared with 20% in the same period last year.

As of December 31, 2020, alphabet employs 135301 full-time employees worldwide, compared with 118899 as of December 31, 2019.

Alpha’s net cash from operating activities was $22.677 billion in the fourth quarter, compared with $14.427 billion in the same period last year.

Alpha’s free cash flow in the fourth quarter was $17.198 billion.

The total amount of cash and cash equivalents held by alphabet as at December 31, 2020 was $26.465 billion, compared with $18.498 billion as at December 31, 2019.

Stock price reaction:

In regular trading on NASDAQ on Thursday, alphabet shares rose 1.38% to close at $1919.12.

After the financial report, the share price of alphabet rose 5.7% to $2027.95 in subsequent after hours trading.

Via Tencent technology read more: Alphabet:1Q20 Revenue in the first quarter was 41.159 billion US dollars, up 13% year on year, net profit of Google parent company alpha: 2q20 was 6.959 billion US dollars, down 30% year on year, revenue of alpha: 3q20 was 46.173 billion US dollars, up 14% year on year Still recruiting new employees but slowing down Baidu: 3q20 net profit $2.015 billion performance turn loss year on year Baidu: 2q20 Revenue $26.03 billion year on year growth 187% Google: parent company alpha financial report 1q19 Revenue $36.3 billion alpha market value exceeds apple to $498 billion Become the world’s most valuable company Google: 4q17 revenue growth can not stop profit decline, new business revenue contribution is still negligible Hitwise:2010 Google’s U.S. search market share rose to 72% in September 2010 Baidu breaks through 70% comScore: in January 2012, Google’s search engine market share in the United States rose to 66.2% alphabet: the epidemic situation makes the parent company of Google’s user incremental advertising not increase revenue Baidu: 1q20 revenue 22.5 billion yuan, exceeding market expectations

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