Categories AlphaGraphs, Earnings, Technology

GOOG Earnings: Alphabet’s Q4 2024 profit beats estimates; revenue up 12%

Alphabet Inc. (NASDAQ: GOOG, GOOGL), the parent of Internet search giant Google, Tuesday reported higher revenue and earnings for the fourth quarter of 2024. Earnings exceeded Wall Street’s estimates.

Alphabet Q4 2024 earnings infographic

Alphabet’s consolidated revenues rose to $96.4 billion in the December quarter from $86.31 billion in the same period of fiscal 2023. The latest number fell short of expectations.

Reflecting the strong top-line performance, fourth-quarter net income increased to $26.5 billion or $2.15 per share from $20.7 billion or $1.64 per share a year earlier. EPS surpassed estimates.

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