By Douglas MacMillan

Sales keep soaring at Google parent Alphabet Inc., the dominant player in online ads.

First-quarter profit surged 84% to $13.33 per share, beating Wall Street estimates, while the company's revenue, excluding payments to advertising partners, jumped 24% to $24.9 billion and surpassed estimates.

Its shares rose more than 2% in after-hours trading.

Write to Douglas MacMillan at douglas.macmillan@wsj.com

(END) Dow Jones Newswires

April 23, 2018 16:35 ET (20:35 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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