Alphabet: EPS up 31% in Q4

(CercleFinance.com) - Alphabet reports net income of over $26.
5bn for Q4 2024, representing EPS up 31% to $2.15, with its operating margin up five points to 32%.

The technology giant, parent company of search engine Google and YouTube platform, saw revenues rise 12% to nearly $96.5bn, reflecting robust momentum across its businesses.

Google Services revenues grew by 10% and Google Cloud revenues climbed by 30%, with Alphabet observing more vigorous customer demand for its AI-powered Google Cloud portfolio.

We are confident in the opportunities ahead, and to accelerate our progress, we expect to invest around $75bn in capex in 2025, CEO Sundar Pichai said.


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