MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Alphabet Inc. (GOOGL) on Tuesday reported second-quarter net income of $18.37 billion.
On a per-share basis, the Mountain View, California-based company said it had net income of $1.44.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The internet search leader posted revenue of $74.6 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $62.07 billion, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $60.24 billion.
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