Alphabet's third-quarter revenue and earnings per share exceeded expectations

2024-10-29 20:34:17

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Golden Finance reported that Alphabet, the parent company of Google, had third-quarter revenue of $88.27 billion, with analysts expecting $86.45 billion; third-quarter earnings per share were $2.12, with analysts expecting $1.84; third-quarter Google Cloud revenue was $11.35 billion, with analysts expecting $10.79 billion; fourth-quarter Google advertising revenue was $65.85 billion, with analysts expecting $65.5 billion; third-quarter YouTube advertising revenue was $8.92 billion, with analysts expecting $8.89 billion; third-quarter revenue from other businesses was $388 million, with analysts expecting $377.9 million; third-quarter operating profit was $28.52 billion, with analysts expecting $26.67 billion; third-quarter revenue excluding traffic acquisition costs was $74.55 billion, with analysts expecting $72.88 billion.

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