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Google parent Alphabet beats quarterly revenue estimates

  • Alphabet reported $88.3 billion in revenue, exceeding analyst projections of $86.4 billion total sales, with $65.9 billion from its Google advertising business, surpassing estimates of $65.4 billion.
  • The company achieved $2.12 earnings per share and $26.3 billion in net income, exceeding estimates of $1.84 per share and $22.9 billion net profit.
  • Alphabet's performance marked its best sales and profit ever, topping previous records of $86.3 billion and $23.7 billion from earlier quarters.
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  • 56% of the sources are Center
56% Center
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