Alphabet (GOOG) 29 Oct 202020 Q3 Earnings call transcript

Ladies and gentlemen, thank you for standing by, and welcome to the Alphabet Third Quarter 2020 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]. I'd now like to hand the conference over to your speaker today, Jim Friedland, Director of Investor Relations. ahead. go Please

afternoon, XXXX Good Sundar welcome Alphabet's to and Thank conference everyone, call. quarter earnings Porat. are With third Ruth you. and us Pichai today

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materially. uncertainties performance, results make Some the our and of of areas, on statements number COVID-XX we may to forward-looking. and including of statements today be involve effect the a that considered that business, actual regarding operations pandemic differ could those cause the financial And risks such

information, to XX-K in with our refer more expected our filed the most quarter the in to discussed For risk factors XXXX with the SEC please the and September for recent filed Form later XX, be ended today. Form XX-Q SEC

financial is of to Investor at distributed through During this call, Relations in we included and public located will release, non-GAAP A GAAP available non-GAAP measures. present which measures our earnings website and both press today's the is to reconciliation abc.xyz/investor. GAAP

this our call over take Given now the your turn afternoon, to the I'll we've questions. quickly so busy opening that to can more shortened schedule And move we remarks Sundar.

Jim, everyone. and good joining for today. you, Thanks Thank us afternoon,

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Sundar. Thank you,

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[Operator you. comes our And from from Instructions]. Thank question first Eric Sheridan UBS.

open. is line now Your

on ask high I the maybe could Question Sundar level. to

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next our Anmuth And JPMorgan. question from you. Thank comes Doug from

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for that, Doug. Thanks

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open. Your line now is

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focus the major customer that geographies, four segments retail, partner, our that's and our healthcare, financial in six key. scaling entertainment, five of So on services, setting, media, industries, the deeper, and focus the priority in public manufacturing both partners and our go-to-market, the been going people, terms sector,

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Your line is now open.

new that profitability could Cloud of question the scale disclosure Cloud whether Thanks fourth you two of has address questions, more the on of point on or Cloud please. provide in will that be It two those overall the Discover a sounds a also dilutive tab, reached like assets? growing and margins, with to longer where new quarter, update you're it's any two to you. Maps going no the the or Google Google data Google opportunity suggest points revenue over opportunities revenue briefly, and Google opportunities, or year any Thank monetization then

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Your line now is open.

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globally, So it have we [mirrors] quite often we than geographies. And of customer terms all your was, very sectors, said, break with to what don't that, broader in virtually question, in and broad and saw basically you the based. that's we've respect across first we out economy, business size, diverse see broad across as but more sectors, a based improvement

do your, to question, Sundar, of terms you want take that? In second

us, are On long search, users to quality. hard our said, search us choose search I best we users find a us. the as you sure work for highest can having of know, provider partners access because they time, conveniently make the Most

organic And in experience there's we our And across so demand it. investing our in believe for all platforms.

definitely we can are committed we to it. sure focused and we so making everywhere serve our And are really users on

session. to And you. that conference like the remarks. Thank our any I'd for Jim concludes closing to turn question-and-answer back over Friedland

on We joining to again Thank good with you everyone, forward speaking quarter look evening. have know XXXX call. you We a busy our and today. a evening. for Thanks, us all you have fourth

participating. this today's for Thank Ladies gentlemen, you and conference concludes call.

disconnect. now may You