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Rampant cloud growth propels Alphabet to $100B quarterly revenue milestone
- Google LLC's parent company Alphabet Inc. crushed Wall Street's expectations as it delivered more than $100 billion in quarterly revenue for the first time ever, sending its stock higher in extended trading. The company reported third-quarter earnings before certain costs such as stock compensation of $3.10 per share, easily beating the analyst consensus estimate of $2.33. Revenue for the quarter rose 16%, to ...

Source: siliconangle.com