earnings
confidence high
sentiment positive
materiality 0.85
Alphabet Q3 revenue $88.3B (+15% YoY), EPS $2.12 (+37%), Cloud revenue up 35%
Alphabet Inc.
2024-Q3 EPS reported
$5.90
revenue$253,549,000,000
- Revenue $88.3B, up 15% YoY (16% constant currency); operating margin 32% vs 28%.
- Net income $26.3B (+34%), diluted EPS $2.12 (+37%); Google Cloud revenue $11.4B (+35%).
- Google Services revenue $76.5B (+13%); YouTube ads $8.9B; Search & other $49.4B.
- Dividend of $0.20 per share declared, payable Dec 16 to holders of record Dec 9.
- CEO cites AI innovations driving Search and Cloud growth; office space charge $607M.