Alphabet reported a forecast-beating rise in third-quarter profits after the close on Wall Street on Thursday, reflecting, the company said, strength across Google and Other Bets.
"We had a terrific quarter, with revenues up 24% year on year, " said Ruth Porat, chief financial officer of Alphabet. "Our momentum is a result of investments over many years in fantastic people, products and partnerships."
Diluted earnings per share for the July-September period of $9.57 easily beat market forecasts of $8.33 as sales rose 24% to $27.8bn. Net income rose nearly 24% from the same quarter in 2016 to $6.7bn.