Alphabet (GOOG) reports big revenue gains but EU fine takes a bite from earnings and income

by Greg Sterling
Google parent Alphabet announced second-quarter results. Both revenues and earnings per share beat Wall Street consensus estimates. The EU antitrust fine of $2.7 billion took a toll on net income and earnings per share. The company reported just over $26 billion in total revenues (up 21 percent), with Google contributing all but $248 million of that revenue.Read the full article

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