The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017 - REUTERS/Mike Blake/File Photo The Google logo is pictured atop an office building in Irvine, California, U.S. August 7, 2017 - REUTERS/Mike Blake/File Photo

Alphabet revenue rises 24 percent on mobile advertising growth

Thu, Oct. 26, 2017
26 October 2017: Google parent Alphabet Inc (GOOGL.O) reported a 24 percent jump in quarterly revenue on Thursday, lifted by robust mobile advertising.

The company's net income rose to $6.73 billion, or $9.57 per Class A and B share and Class C capital stock, in the third quarter ended Sept. 30 from $5.06 billion, or $7.25 per share, a year earlier. bit.ly/2hdew6Q

Consolidated revenue rose to $27.77 billion from $22.45 billion.
 
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