The company’s shares rose by more than three percent in after-market trading.
Alphabet announced a profit of $2.12 per share, while analysts had expected profits of $1.85 per share.
Revenues rose 15 percent to $88.27 billion in the July-September period.
The data was from a group of stock exchanges London It showed that analysts’ average revenue estimate was $86.30 billion.
The company’s CEO, Sundar Pichai, said that investments in… artificial intelligence It “pays off” through the usage and sales generated for its research and cloud services.
He added that revenue YouTube It exceeded $50 billion during the past four quarters, and advertising sales for the video streaming service rose 12 percent to $8.92 billion.
Digital advertising sales, which make up the bulk of total revenue, increased Alphabetto $65.85 billion from $59.65 billion.
Platform revenues grew Google Cloud to $11.35 billion, exceeding analyst estimates of $10.86 billion.