Alphabet's third-quarter revenue and earnings per share beat expectations

Google's parent company Alphabet's third-quarter revenue was $88.27 billion, while analysts expected $86.45 billion; third-quarter earnings per share was $2.12, while analysts expected $1.84; third-quarter Google Cloud revenue was $11.35 billion, while analysts expected $10.79 billion. Google's advertising revenue in the third quarter was $65.85 billion, while analysts expected $65.5 billion; YouTube's advertising revenue in the third quarter was $8.92 billion, while analysts expected $8.89 billion; other business revenue in the third quarter was $388 million, while analysts expected $377.9 million; operating profit in the third quarter was $28.52 billion, while analysts expected $26.67 billion; revenue excluding traffic acquisition costs in the third quarter was $74.55 billion, while analysts expected $72.88 billion. (Meijing.com)