Alphabet announces Q2 2016 revenue of $21.5 billion, beats expectations

Ahead of its results call, Alphabet has published earnings for the second quarter of 2016. The company is reporting revenue of $21.5 billion, up from $17.7 billion last year in the same quarter, and has surpassed analyst expectations. Additionally, the company reports a net income of $5.9 billion for the second quarter of 2016. Based on these results, Alphabet stock is up over…

via Alphabet announces Q2 2016 revenue of $21.5 billion, beats expectations — 9to5Google