Alphabet beats by $1.17, beats on revs
- Reports Q3 (Sep) earnings of $9.57 per share, $1.17 better than the Capital IQ Consensus of $8.40; revenues rose 23.7% year/year to $27.77 bln vs the $27.17 bln Capital IQ Consensus.
- Aggregate paid clicks rose 47% YoY and 6% sequentially.
- Paid clicks on Google properties rose 55% YoY and 7% sequentially.
- Aggregate cost per click fell 18% YoY and rose 1% sequentially.
- Operating margin improved to 28% vs 26% in prior year period.
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