Sundar Pichai, CEO, Alphabet Inc., during the Google I/O developers conference in Mountain View, California, May 10, 2023.
David Paul Morris | Bloomberg | Getty Images
Alphabet shares rose about 7% in extended trading on Tuesday after the company reported better-than-expected revenue and profit, driven by growth in its cloud-computing unit.
- Earnings: $1.44 per share vs. $1.34 per share, adjusted, expected by Refinitiv.
- Revenue: $74.6 billion vs. $72.82 billion expected by Refinitiv.
The company also reported the following numbers:
- YouTube ads: $7.67 billion vs. $7.43 billion, according to Street Account.
- Google Cloud: $8.03 billion vs. $7.87 billion, according to StreetAccount.