Summary

Alphabet Class A Beats

Alphabet Class A (GOOGL) reported 3rd Quarter September 2018 earnings of $13.06 per share on revenue of $33.7 billion. The consensus earnings estimate was $10.54 per share on revenue of $27.3 billion. The Earnings Whisper number was $10.68 per share. Revenue grew 21.5% on a year-over-year basis.

Google Inc is a web search and online advertising company. The Company offers search, online advertising, operating systems and platforms, enterprise and hardware products.

Earnings Release

Alphabet Announces Third Quarter 2018 Results

MOUNTAIN VIEW, Calif. – October 25, 2018 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2018.

"Our business continues to have strong momentum globally, led by mobile search and our many products that help billions of people every day," said Ruth Porat, Chief Financial Officer of Alphabet and Google. "Alphabet revenues were $33.7 billion, up 21% versus the third quarter of 2017, and we remain focused on delivering on the opportunities we see."

Q3 2018 financial highlights

The following summarizes our consolidated financial results for the quarters ended September 30, 2017 and 2018 (in millions, except for per share information, percentages, and number of employees; unaudited) with results for the quarter ended September 30, 2018 affected by gains on equity securities reflected in other income (expense), net (OI&E):

For the full press release, please go here