Alphabet Inc (NASDAQ:GOOG, GOOGL) announced the financial results for its third quarter on October 27. The upbeat earnings and revenue are likely to buoy GOOG stock.
Google’s parent company, Alphabet Inc, posted third-quarter earnings of $9.06 per share on an adjusted basis, which beat the consensus estimates. The company’s revenue was $22.45 billion, a 20% growth year-over-year