Alphabet Impresses On Revenue, Earnings

Chris CrumBusiness

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Google parent Alphabet announced its financial results for the fourth quarter and fiscal year ended December 31, 2015. The company beat Wall Street estimates for the quarter on earnings per share ($8.67) and revenue ($21.32 billion).

Cost per click on ads was down 13% year-over-year. Paid clicks were up 31%.

CFO Ruth Porat said, "Our very strong revenue growth in Q4 reflects the vibrancy of our business, driven by mobile search as well as YouTube and programmatic advertising, all areas in which we've been investing for many years. We're excited about the opportunities we have across Google and Other Bets to use technology to improve the lives of billions of people."

The company's headcount jumped from 53,600 in Q4 2014 to 61,814 this past quarter.

Here are the numbers:

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See the full report here.

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.