Google Strength Drives Alphabet Profit Higher – Wall Street Journal

Google parent Alphabet Inc. reported rising third-quarter profit Thursday, extending a streak of strength as users spend more time on smartphones and advertisers spend more to reach them there.

Alphabet said net income rose 27% to $5.06 billion, or $7.25 a share, from $3.98 billion, or $5.73 a share, in the same quarter a year ago. Excluding certain expenses, Alphabet said it would have earned $9.06 a share, beating analysts’…

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