Re:Alphabet Announces First Quarter 2022 Results
by colinmhayes on Tuesday April 26, 2022 @05:17PM
(#31173297)
The big number to me, Gain (loss) on equity securities, 2021:4,837 2022:(1,070)
I don't think their equity gains/losses have anything to do with future business outlook, so ignoring this $6 billion loss YOY I'd say this was a fantastic quarter for them. They could show more in some of their non search sectors, but excluding that equity number went fro. $13 billion in profit to $17.5 for a 35% gain.
I don't think their equity gains/losses have anything to do with future business outlook, so ignoring this $6 billion loss YOY I'd say this was a fantastic quarter for them. They could show more in some of their non search sectors, but excluding that equity number went fro. $13 billion in profit to $17.5 for a 35% gain.