Alphabet (ticker symbol: GOOG) has announced its fourth quarter financial results.
EPS was $22.30 vs. forecast of $15.98, sales were $56.9 billion vs. forecast of $52.86 billion, and sales growth was +23.5% YoY.
Google Services revenue was $52.9 billion, up 22% from the same period last year. Operating income was $19.07 billion.
YouTube ad sales were $6.9 billion, up 47% from the same period last year.
Google Cloud revenue was $3.8 billion, up 46% from the same period last year. Operating income was -$1.24 billion.
Azor Vets sales were $196 million. Operating income was -$1.14 billion.
Traffic acquisition costs were $10.47 billion. Traffic acquisition costs were $10.47 billion, compared to $8.5 billion in the same period last year.
Operating income margin was 28%. In the same period last year, it was 20%.
Operating cash flow was $22.68 billion. Cash flow from operations was $22.68 billion, compared with $14.43 billion in the same period last year.
Free cash flow was $17.2 billion.