Alphabet records $39.2 billion in revenue with 22% YoY growth in Q4 2018

Alphabet Inc. has announced financial results for the fourth quarter of the year that ended on December 31st, 2018. Google reported total revenue of $39.2 billion with 22% YoY growth and 23% increase in constant currency revenues year over year. The company had an operating income of $8.203 billion with 21% operating margin. The company has recorded a net income of $8.98 billion with Diluted EPS of $12.77. The Google properties revenues reported $27.02 billion, network Members’ properties revenues $5.61 billion, Google advertising revenues $32.6 billion, other revenues $6.48 billion. Google segment revenues $39.12 billion and other Bets revenues were reported $154 million, Google operating income came around $9.70 billion. The Traffic acquisition costs for Google Network Members was around $3,930 million, paid clicks on Google properties improved 22% YoY and Cost-per-click on Google properties has witnessed a 9% growth. The Accrued performance fees for Q4 2018 was $1,203 and gain on equity securities is around $5,460. Ruth Porat, Chief Financial Officer of Alphabet and Google said: In 2018 we delivered strong revenue growth, up 23% year over year to $136.8 billion, and up 22% for the fourth quarter to $39.3 billion. With great opportunities ahead, we continue to make focused investments in the talent and infrastructure needed to bring exceptional products and experiences ...