Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its third quarter 2024 earnings results today.
Consolidated revenues increased 15% year-over-year to $88.3 billion. Revenues grew 16% in constant currency.
Net income increased 34% to $26.3 billion and EPS increased 37% to $2.12 compared to last year.
Revenue and earnings beat estimates.
Revenues from Google Services increased 13% to $76.5 billion, led by strength across Google Search, Google subscriptions, platforms, and devices, and YouTube ads.
Google Cloud revenues increased 35% to $11.4 billion.
The stock climbed over 3% in aftermarket hours on Tuesday.
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