MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Alphabet Inc. (GOOGL) on Wednesday reported second-quarter net income of $62.74 billion.
The Mountain View, California-based company said it had net income of $5.12 per share.
The results topped Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.15 per share.
The internet search leader posted revenue of $96.43 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $81.72 billion, also topping Street forecasts. Fourteen analysts surveyed by Zacks expected $79.48 billion.
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