Alphabet Inc. reported a strong Q3 2023 with revenue of $76.693 billion, up 11% year over year. The growth was driven by Search, YouTube, and Cloud. Net income reached $19.689 billion, and diluted EPS was $1.55.
Revenue reached $76.693 billion, an 11% increase year over year.
Operating income grew to $21.343 billion, with an operating margin of 28%.
Net income increased to $19.689 billion, resulting in a diluted EPS of $1.55.
Growth was driven by Search, YouTube, and Cloud.
The press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance