Alphabet Inc. Earnings Climb 29% In Q1

(RTTNews) - Alphabet Inc. (GOOGL) revealed a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $5.43 billion, or $7.73 per share. This was higher than $4.21 billion, or $6.02 per share, in last year's first quarter.

The company said revenue for the quarter rose 22.2% to $24.75 billion. This was up from $20.26 billion last year.

Alphabet Inc. earnings at a glance:

-Earnings (Q1): $5.43 Bln. vs. $4.21 Bln. last year. -Earnings Growth (Y-o-Y): 29.0% -EPS (Q1): $7.73 vs. $6.02 last year. -EPS Growth (Y-o-Y): 28.4% -Revenue (Q1): $24.75 Bln vs. $20.26 Bln last year. -Revenue Change (Y-o-Y): 22.2%