Alphabet Inc. (NASDAQ: GOOG, GOOGL), the mum or dad of Web search big Google, Tuesday reported greater 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 newest quantity fell wanting expectations.
Reflecting the robust top-line efficiency, fourth-quarter internet earnings 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.
