05:26 AM EDT, 10/30/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Alphabet's (GOOG, GOOGL) shares were up over 5% in premarket activity Wednesday after the company reported overnight a year-over-year jump in Q3 earnings and revenue.

The company reported Q3 earnings late Tuesday of $2.12 per diluted share, up from $1.55 a year earlier.

Analysts polled by Capital IQ expected $1.85.

Revenue for the quarter that ended Sept. 30 was $88.27 billion, up from $76.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $86.22 billion.

Alphabet maintained a quarterly dividend of $0.20 per share, payable on Dec. 16 to shareholders of record on Dec. 9.

Price: 181.22, Change: +10.08, Percent Change: +5.89