Alphabet Reports Strong Q1 with Revenue of $31.1 Billion

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Financially speaking, Alphabet is having a good year. On Monday, Alphabet Inc. (NASDAQ: GOOG, GOOGL) announced its financials for the first quarter of 2018, including total revenue of $31.1 billion, a 26 percent increase year-over-year, and operating income of $7.0 billion, a 22 percent increase year-over-year. Net income for the quarter was solid at $9.4 billion, or $9.93 earnings per share, beating analyst predictions.

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