Google’s parent company, Alphabet, yet again beat financial expectations with its second-quarter earnings, bringing in $26 billion in revenue for the three-month period, an increase of 21 percent from the second quarter of 2016. Earnings per share totaled $5.01, beating Wall Street’s forecast of $4.46 per share.
According to its earnings statement released today, the company brought in $22.67 billion in advertising revenue in the second quarter, an increase of $3.53 billion from the same same period the previous year.
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