Google parent Alphabet reports strong $21.5B in revenue and $8.42 EPS for Q2 2016

Alphabet, Google’s parent company, posted its second-quarter 2016 earnings today, revealing $21.5 billion in revenue and $8.42 earnings per share — above analysts’ expectations of $20.76 billion in revenue and $8.03 earnings per share.
The company’s stock was up 0.56 percent in regular trading. But in after-hours trading, it was up another 5 percent (expected, given the strong results).
“Our terrific second quarter results, with 21 percent revenue growth year on yea