Alphabet's Earnings Up 18.3 Percent! Alphabet, the owner of Google, reached $ 161.86 billion in 2019, an increase of 18.3 percent compared to the previous year. In a statement made by the company, annual revenues per share also increased by 12.5 percent to $ 49.16.
Looking at this, Alphabet's revenues in the fourth quarter of its fiscal year increased by 17.3 percent to $ 46.07 billion.
Alphabet's Earnings Up 18.3 Percent!
Alphabet made a profit of $ 15.35 per share in the fourth quarter. At the same time last year, net profit was $ 8.95 billion, up from $ 12.77 per share.
The percentage of earnings in the fourth quarter increased by 17.3 to 46.08 billion dollars.
In Alphabet's first release, YouTube earned $ 4.7 billion in the fourth quarter, while the company's cloud services earned $ 2.6 billion in the fourth quarter.