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Google parent Alphabet quarterly revenue beats estimates

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FILE PHOTO: Logo of Google is seen in Davos

(Reuters) – Google parent Alphabet Inc <GOOGL.O> beat Wall Street estimates for first-quarter revenue on Tuesday, recording 13% growth even as companies drastically slashed spending during the coronavirus crisis.

Revenue rose to $41.2 billion from $36.34 billion a year-ago. (https://bit.ly/2Ylfuoh)

Analysts on average had expected revenue of $40.3 billion, according to IBES data from Refinitiv.

(Reporting by Paresh Dave in San Francisco and Munsif Vengattil in Bengaluru; Editing by Bernard Orr)

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