Alphabet Q1 Revenues $31.1 Billion, up 26pct Year on Year

[engine]

Alphabet has reported Q1 revenues ending March 31, 2018, of $31.1 billion, up 26% year on year, with net income up to $9.4 billion, from $5.4 billion, year on year.

Some other highlights include ad revenue up to $26.6 from $21.4 year on year, best bets $150 million, up from $132 million, YoY.

It now has over 85,000 employees.

Traffic acquisition costs are up, again, to $6.3 billion, from $4.6 billion a year ago.

[abc.xyz...]

[mosxu]

FAB

[keyplyr]

$86.6 billion was just wiped from the popular 'FANG' tech stocks (Facebook, Amazon, Netflix and Alphabet) and falling more than 3%.

Alphabet was the biggest loser at about $36 billion in value lost as Wall Street analysts lowered profit margin projections for the company due to its cloud computing investment plans.

[Panthro]

Always astounds me how this behemoth continues to grow revenues so drastically every year

[samwest]

Traffic acquisition costs are up, again, to $6.3 billion, from $4.6 billion a year ago.

Well, that's no surprise, so are profits.
I would love to see a detailed breakdown...and when will they finally pay a dividend to shareholders?