Alphabet Quarterly Results Shows $5.8 Billion in Income
Alphabet, the parent company of Google, has released their 2nd Quarter Financial Year 2016 results today and they are nothing short of impressive. The company showed impressive growth over the same quarter last year with revenue topping out at $21.5 billion that created a $5.86 billion net income (non-GAAP). The revenue growth is up 21% over the same quarter last year while net income was up $1.1 billion.