The tech giant's parent company, Alphabet, reported revenue of $46.17 billion for the three months ending in September — a 14% increase from the same period last year — highlighting its continued dominance even while facing numerous obstacles.
The company also reported net income for the third quarter of $11.2 billion, blowing past analyst estimates. Alphabet (GOOGL) stock rose more than 8% in after-hours trading on Thursday.
"We had a strong quarter, consistent with the broader online environment," Sundar Pichai, CEO of Alphabet and Google, said in a statement. "It's also a testament to the deep investments we've made in AI and other technologies."
The tech giant's parent company, Alphabet, reported revenue of $46.17 billion for the three months ending in September — a 14% increase from the same period last year — highlighting its continued dominance even while facing numerous obstacles.
The company also reported net income for the third quarter of $11.2 billion, blowing past analyst estimates. Alphabet (GOOGL) stock rose more than 8% in after-hours trading on Thursday.
"We had a strong quarter, consistent with the broader online environment," Sundar Pichai, CEO of Alphabet and Google, said in a statement. "It's also a testament to the deep investments we've made in AI and other technologies."
(post is archived)