Google parent company Alphabet Inc. reported $4.1 billion in net income for the first quarter of 2016, up from $3.5 billion during the same period last year, but failed to beat analysts' estimates on an earnings-per-share basis.
According to its earnings report released today, earnings per share for the first quarter were $7.50, less than the $7.96 predicted by Wall Street. During the first quarter of 2015, earnings per share were $6.47.
Alphabet's total quarterly revenue was $20.3
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