Alphabet Inc. (NASDAQ: GOOG, GOOGL), the guardian of Web search big Google, Tuesday reported greater income and earnings for the fourth quarter of 2024. Earnings exceeded Wall Road’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 most recent quantity fell wanting expectations.
Reflecting the robust top-line efficiency, fourth-quarter web earnings elevated to $26.5 billion or $2.15 per share from $20.7 billion or $1.64 per share a 12 months earlier. EPS surpassed estimates.
