Alphabet, owner of Google, surpasses profit but actions fall on after hours

by Andrea
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Company registered a net income of $ 26.54 billion in the fourth quarter of 2024, an increase of 28.3% over the same period of the previous year

Pawel Czerwinski/Unsplash
Alphabet’s consolidated revenues in the third quarter increased 11.7% over the same quarter of 2023 to US $ 96.47 billion

The net income of $ 26.54 billion in the fourth quarter of 2024, an increase of 28.3% over the same period of the previous year. The controlling company also registered profits of US $ 2.15 per share, slightly above the estimation of FACTSET consensus of US $ 2.13. In the same period last year, the company registered profits of $ 1.64 per share.

Alphabet’s consolidated revenues in the third quarter increased 11.7% over the same quarter of 2023 to US $ 96.47 billion, below the estimate of US $ 96.7 billion from the market. At 18h08 Alphabet shares fell 6.15% in the New York after hours.

*With information from Estadão Content
Posted by Matheus Lopes

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