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Form 8-K · Current Report · Filed 2024-10-29

Alphabet Announces Q3 2024 Financial Results and Dividend

Alphabet Inc. reported strong financial results for Q3 2024, with consolidated revenues increasing 15% year over year to $88.3 billion, and net income rising 34%. The company also announced a cash dividend of $0.20 per share, payable on December 16, 2024. These results reflect the strength across Google Search, Google Cloud, and YouTube ads, with Google Cloud revenues increasing 35%. Alphabet's earnings per share (EPS) increased 37% to $2.12.

Filer
Alphabet Inc. GOOGL · NASDAQ
Filed
Accession
0001652044-24-000115
CIK
0001652044
Signal
Medium impactCommunication Services

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 8.01

Other Events

Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$166.72

Next session

+4.6%

Since filing

+113.6%

Latest close

$356.13

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GOOGL reporting the same item, with the next session's move:

Exhibits (1)

About Alphabet Inc.

Alphabet Inc. is a multinational conglomerate known for its diverse portfolio encompassing various sectors of the technology and internet services industries. As the parent company of Google, Alphabet oversees a suite of renowned products and services, including the widely used search engine, Google Search, Google Ads advertising services, YouTube video platform, and the Android operating system. The company is influential in shaping digital landscapes, contributing significantly to online search, digital advertising, mapping technologies with Google Maps, and cloud computing services through Google Cloud. Alphabet is engaged in innovative ventures, awarding it a prominent role in areas like autonomous vehicles with Waymo and life sciences through Verily. Headquartered in Mountain View, California, Alphabet pushes the envelope of technological advancement and data-driven solutions, having a profound impact on the tech industry and consumers globally. Its operations touch diverse sectors, from advertising to artificial intelligence, underscoring its market significance as a leader in digital transformation and technological proliferation.

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