Alphabet Announces Fourth Quarter and Fiscal Year 2016 Results

Post by JumpCrisscross » Fri, Jan 27, 2017, 3:32 AM UTC

bitmapbrother wrote: post #59

This was due to a one time tax hit. >Alphabet was forced to swallow a $586 million tax charge on the non-GAAP line related to its stock-based compensation, costing the company about 83 cents a share — the difference between a substantial earnings miss and a huge beat. >The tax charge is the result of a rule change in the U.S. targeting companies’ use of stock-based compensation to sweeten their adjusted earnings numb…

Post by tajen » Fri, Jan 27, 2017, 4:10 AM UTC

oneplane wrote: post #40

Are we not going to talk about the fact that they are on abc.xyz? I think it's hilarious.

Post by theDoug » Fri, Jan 27, 2017, 4:18 AM UTC

curun1r wrote: post #57

MarkMc wrote: post #17

Revenue is up 22% but EPS is up only 7%. I would normally expect Google's EPS growth to be higher than revenue growth. Where are they spending all that extra income?

They did increase headcount by more than 10k (from ~62k to ~72k). Headcount tends to produce more revenue eventually, but there's a lag. Staffing up by that much indicates that they're predicting significant growth.

Post by scholia » Fri, Jan 27, 2017, 4:26 AM UTC

samfisher83 wrote: post #41

daave wrote: post #36

Earlier quoted context omitted.

..and yet, TV advertising is still a huge business YouTube can target ads much better than TV, and with TrueView ads the advertiser only pays if the viewer doesn't skip, so more of the revenue is going to be coming from ads that mutually add value (at least that's the theory)

I don't get TV ads either. What is the effectiveness of it?

Post by khuey » Fri, Jan 27, 2017, 4:47 AM UTC

magicalist wrote: post #34

theelfismike wrote: post #5

Interesting the effective tax rate went from 5% last year to 22% this year. What would cause that?

Someone else will have to explain what on earth it means, but last year's press release said > For Q4 2015, our effective tax rate reflects impact of certain one-time items in the U.S., specifically the resolution of a multi-year audit with an ETR impact of 9%, as well as the full year impact of the R&D tax credit with an ETR impact of 8%. https://abc.xyz/investor/news/earnings/2015/Q4_google_earnin...