(Reuters) – Alphabet Inc beat Wall Street estimates for third-quarter profit on Thursday, as the search engine giant’s revenue from online advertisements soared.
Net income rose to $9.19 billion (£7.2 billion), or $13.06 per Class A and B common share and Class C capital share, from $6.73 billion, or $9.57 per share, a year earlier.
Revenue jumped to $33.74 billion from $27.8 billion.
Analysts on average had expected revenue of $34.05 billion and earnings of $10.45 per share, according to Refinitiv data.
(Reporting by Munsif Vengattil in Bengaluru and Paresh Dave in San Francisco; Editing by Bernard Orr)