Categories AlphaGraphs, Technology

GOOG Earnings: All you need to know about Alphabet’s Q4 2021 earnings results

Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported fourth quarter 2021 earnings results today.

Total revenues increased 32% year-over-year to $75.3 billion, reflecting strength in advertiser spend and strong consumer online activity along with substantial ongoing revenue growth from Google Cloud.

Net income amounted to $20.6 billion, or $30.69 per share, compared to $15.2 billion, or $22.30 per share, last year.

Both the top and bottom line numbers beat market expectations.

Total Google Services revenue amounted to $69.4 billion while Google Cloud revenue totaled $5.5 billion.

The stock was up 7% during after-market hours on Tuesday following the earnings announcement.

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Alphabet Q3 2021 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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