news/GOOGL/2023.02.02/Alphabet : Q4 Earnings Snapshot.txt

MOUNTAIN VIEW, Calif. (AP) _ Alphabet Inc. (GOOGL) on Thursday reported fourth-quarter net income of $13.62 billion.The Mountain View, California-based company said it had profit of $1.05 per share.The results missed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.The internet search leader posted revenue of $76.05 billion in the period. After subtracting Alphabet's advertising commissions, revenue was $63.12 billion, which also fell short of Street forecasts. Ten analysts surveyed by Zacks expected $63.15 billion.This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOGL at https://www.zacks.com/ap/GOOGLCopyright by Automated Insights, Inc. All rights reserved., source Associated Press News