Alphabet releases Q2 2016 earnings: $5.8 billion income on $21.5 billion revenue
Alphabet has released its Q2 fiscal year 2016 earnings report, showing strong year-over-year growth once again with $21.5 billion in revenue leading to $5.864 billion in non-GAAP net income for the quarter.
The company saw a rise in its revenue compared to the same period a year ago, when it brought in $17.727 billion. Non-GAAP net income was also up compared to a year ago when it recorded $4.829 billion.
Aggregate paid clicks were up 29% year-over-year, with paid clicks on Google's own websites going up 37% in the same period. Cost-per-click was down 7%, with cost-per-click on Google's websites going down 9% as well. The company has $78.460 billion in cash and cash equivalents on hand, up from $69.780 billion from a year ago. Headcount at the company was 66,575, up from 57,148 a year ago.
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