Alphabet Announces Second Quarter 2017 Results - Investor Relations - Alphabet: "With revenues of $26 billion, up 21% versus the second quarter of 2016 and 23% on a constant currency basis, we're delivering strong growth with great underlying momentum, while continuing to make focused investments in new revenue streams," said Ruth Porat, CFO of Alphabet.
Alphabet (GOOG / GOOGL) Q2 2017 Earnings Call Transcript | SeekingAlpha.com
The accrued $2.7B EU antitrust fine shaved over $2.7B off operating income, nearly halved net income to $3.5B, and reduced EPS from $8.90 to the $5.01 that still beat consensus according to SeekingAlpha.com.
Excerpt from $GOOGL $GOOG Q2 2017 Results
Alphabet Inc. NASDAQ: GOOG / GOOGL Q2 2017 Earnings LIVE Webcast July 24 5pm EDT
A replay of the webcast will also be available following the conference call. Visit the Investor Relations website at abc.xyz/investor on July 24, 2017 to view the earnings release prior to the conference call.
Alphabet Inc. is an American multinational conglomerate created in a corporate restructuring on October 2, 2015. It is the parent company of Google [principal domain: google.com] and several former Google subsidiaries. Most of Alphabet's revenue and all of Alphabet's net income comes from Google as of Q1 2017.
- CEO: Larry Page (Oct 2, 2015–)
- Revenue: 90.27 billion USD (2016)
- Headquarters: Mountain View, CA
- Net income: 19.47 billion USD (2016)
- Subsidiaries: Google, CapitalG, Nest Labs, Calico, X, MORE
- Alphabet Inc. is the world's second-largest internet company by revenue. wikipedia.org
source: Statista
source: Statista