Alphabet: Q4 Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Alphabet Inc. (GOOGL) on Tuesday reported fourth-quarter earnings of $26.54 billion.

On a per-share basis, the Mountain View, California-based company said it had profit of $2.15.

The results beat Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.

The internet search leader posted revenue of $96.47 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $81.62 billion, also beating Street forecasts. Thirteen analysts surveyed by Zacks expected $81.38 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOGL at https://www.zacks.com/ap/GOOGL

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