Alphabet (GOOG) (GOOGL) Tops Q3 EPS by $2.65, Revs Light
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Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) reported Q3 EPS of $13.05, $2.65 better than the analyst estimate of $10.40. Revenue for the quarter came in at $33.74 billion versus the consensus estimate of $34.04 billion.
"Our business continues to have strong momentum globally, led by mobile search and our many products that help billions of people every day," said Ruth Porat, Chief Financial Officer of Alphabet and Google. "Alphabet revenues were $33.7 billion, up 21% versus the third quarter of 2017, and we remain focused on delivering on the opportunities we see."
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