Alphabet Inc. (NASDAQ: GOOG, GOOGL), the dad or mum of Web search big Google, Tuesday reported larger income and earnings for the fourth quarter of 2024. Earnings exceeded Wall Avenue’s estimates.
Alphabet’s consolidated revenues rose to $96.4 billion within the December quarter from $86.31 billion in the identical interval of fiscal 2023. The most recent quantity fell wanting expectations.
Reflecting the sturdy top-line efficiency, fourth-quarter internet revenue elevated to $26.5 billion or $2.15 per share from $20.7 billion or $1.64 per share a yr earlier. EPS surpassed estimates.