Alphabet revenue rises 24 percent on mobile advertising growth

26 October 2017: Google parent Alphabet Inc (GOOGL.O) reported a 24 percent jump in quarterly revenue on Thursday, lifted by robust mobile advertising.

The company's net income rose to $6.73 billion, or $9.57 per Class A and B share and Class C capital stock, in the third quarter ended Sept. 30 from $5.06 billion, or $7.25 per share, a year earlier. bit.ly/2hdew6Q

Consolidated revenue rose to $27.77 billion from $22.45 billion.