WASHINGTON (dpa-AFX) - Alphabet Inc. (GOOGL) reported a profit for its second quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $23.62 billion, or $1.89 per share. This compares with $18.37 billion, or $1.44 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.6% to $84.74 billion from $74.60 billion last year.
Alphabet Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $23.62 Bln. vs. $18.37 Bln. last year. -EPS (Q2): $1.89 vs. $1.44 last year. -Revenue (Q2): $84.74 Bln vs. $74.60 Bln last year.
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