Google Parent Alphabet Beats Quarterly Earnings Expectations, With Ad Revenue Up 21%

Aggregate paid clicks also up

Alphabet soared past earnings expectations for the third quarter with total revenue of $27.77 billion, up from $22.45 billion during the same period last year.

According results released today, Google raked in $27.5 billion of the parent company’s total, with advertising accounting for $24.1 billion of that. Other revenue from units including cloud services and hardware sales made up another $3.4 billion, while long-shot “other bets” brought in $302 million. (Other bets, which includes Alphabet’s self-driving car unit, reported an operating loss of $812 million.)

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