Alphabet Inc. reported on Tuesday that its revenues amounted to $75.3 billion in the three months ending with December 31, 2021, marking a 32% increase from the same trimester in the previous year.
Diluted earnings per share (EPS) for the fourth quarter of fiscal 2021 stood at $30.69, up 38% compared to the same period a year ago, while net income jumped 36% year-on-year to $20.6 billion in the year's closing quarter and income from operations surged 40% to $21.9 billion.
For the entire fiscal 2021, revenues were $257.6 billion, a figure 41% higher than in 2020. Net income was 89% higher annually, standing at $76 billion in 2021 while diluted earnings per share were $112.2, rising 91% compared to 2020. Income from operations also soared 91% to $78.7 billion.
The company's Class A shares rose by 6.88% and Class C stock gained 6.9% in extended trading following the release of the report.
