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Google parent Alphabet beats quarterly revenue estimates
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Google parent Alphabet beats quarterly revenue estimates
Nov 3, 2024 2:17 PM

(Reuters) - Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services.

Revenue increased 15% to $88.27 billion in the July-September period, while analysts on average expected $86.30 billion, according to LSEG data.

(Reporting by Deborah Sophia in Bengaluru; Additional reporting by Kenrick Cai in San Francisco; Editing by Anil D'Silva; Editing by Anil D'Silva and Matthew Lewis)

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