$Alphabet-A (GOOGL.US)$ Q1 EPS $1.17, Sales $69.787B beats $68.904B estimate.
Revenue was $69.8 billion, compared with $68 billion a year ago. Sales minus TAC was $58.1 billion, compared with $56 billion a year ago.
Analysts surveyed by FactSet had expected on average net earnings of $1.08 a share on revenue of $68.9 billion and ex-TAC revenue of $57.05 billion.
Shares of Alphabet have improved 18% so far this year, while the broader S&P 500 index has increased 6%.
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