Alphabet Inc. Q4 Profit Climbs 30%

(RTTNews) - Alphabet Inc. (GOOGL) announced earnings for its fourth quarter that advanced from last year.

The company said its bottom line climbed to $6.04 billion, or $8.67 per share. This was higher than $4.65 billion, or $6.76 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 17.8% to $21.33 billion. This was up from $18.10 billion last year.

Alphabet Inc. earnings at a glance:

-Earnings (Q4): $6.04 Bln. vs. $4.65 Bln. last year. -Earnings Growth (Y-o-Y): 29.9% -EPS (Q4): $8.67 vs. $6.76 last year. -EPS Growth (Y-o-Y): 28.3% -Revenue (Q4): $21.33 Bln vs. $18.10 Bln last year. -Revenue Change (Y-o-Y): 17.8%