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Alphabet Inc.  (GOOG)
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EARNINGS REPORT by CSIMarket

Profit Growth Continues to Advance


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Alphabet Inc announced forth quarter 2016 operating income of $6639 millions



Eps growth has accelerated in the forth quarter 2016 to 56.41 % at $7.58 per share, compare to income growth rates achieved in the same quarter a year ago, while Sales grew by -54.85 % to $26.06 billions.

Income improved from preceding quarter by 4.5 % from $7.25 per share, Sales improved by 16.09 % from $22.45 billions.

Net income of $5,333 millions in the forth quarter 2016 increased by 9.91 % from net earnings of $4,852 millions reported in the forth quarter 2016 a year ago. Alphabet Inc also emphasized it's improving profit margins, where net margin rose to 20.46% in forth quarter 2016, and operating margin edged up to 25.47%.
Looking into financial results for the fiscal year 2016, Alphabet Inc reported Sales of $90.27 billions and net income of $19.48 billions.

Internet Services & Social Media Company explained also, that Earnings per share grew by 21.94 % to $27.85 per share from $22.84 in the previous fiscal year, while Sales improved by 20.38 % from $74.99 billions a year ago.

Alphabet Inc is expected to report next financial results on April 24, 2017.
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