Thursday, July 28, 2016

Alphabet reports $21.5 billion in revenue for Q2 2016

Alphabet — Google's parent company announced about a year ago — just reported their quarterly earnings for Q2 2016. Alphabet CFO Ruth Porat told investors the company is seeing 21% revenue growth (year on year) with $21.5 billion in revenue ($8.42 a share). This is actually up from Wall Street expectations of $20.76 billion ($8.04 ...

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