Company holds ground in advertising while making some headway in Cloud and is positioned to be one of the major players after AWS and Azure.
Saturday, November 2, 2019
GOOGL 3Q2019 Update - 22% Revenue Growth to $40B Revenue
Alphabet (GOOGL) 3Q2019 shows company defies law of large numbers by posting 22% Revenue Growth to $40B Revenue. Adjusted EPS is trending to $12. 2019 Adjusted EPS could be $50 and 2020 EPS could be $60. Excluding $150 per share excess cash GOOGL trades for less than 20 times Forward EPS.
Company holds ground in advertising while making some headway in Cloud and is positioned to be one of the major players after AWS and Azure.
Company holds ground in advertising while making some headway in Cloud and is positioned to be one of the major players after AWS and Azure.
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