Alphabet reported earnings after the bell. The stock rose more than 3% on the strong numbers.
Here are the results.
Earnings per share (EPS): $27.26 vs $19.34 per share, according to Refinitiv estimates.
Revenue: $61.88 billion vs $56.16 billion, according to Refinitiv estimates.
YouTube advertising revenue: $7.00 billion vs $6.37 billion expected, according to StreetAccount estimates.
Google Cloud revenue: $4.63 billion vs $4.40 billion expected, according to StreetAccount estimates.
Traffic acquisition costs (TAC): $10.93 billion vs $9.74 billion expected, according to StreetAccount estimates.
