Google parent Alphabet's revenues up 24% in Q3 2017

Google parent Alphabet on Thursday reported 24% year-on-year increase in its revenues at $27,772 million for the quarter ended September. Alphabet's net income also rose from $5,061 million to $6,732 million, up 33% from last year. Alphabet's shares surged 3% in after-hours trading, since the company reported its third-quarter results.