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With or without Pokémon, Google finds a way to impress


It’s a good day for Alphabet.

The company formerly known as Google impressed investors Thursday with its second-quarter earnings report that exceeded expectations on all counts. Alphabet stock increased 5 percent in after-hours trading and rose to an all-time high of $810 per share.

The tech giant reported $17.5 billion in revenue compared to $16.9 billion expected. It overshot profits by bringing in $8.42 in earnings per share. 

The results “reflect the successful investments we’ve made over many years in rapidly expanding areas such as mobile and video. We continue to invest responsibly in support of our many compelling opportunities,” Ruth Porat, Alphabet’s chief financial officer, said in a statement. Read more…

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This post is from Mashable. Click here to read the full text

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