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Alphabet reports $31.15 billion in revenue for Q1 2018, a 26% increase over last year

Google parent company Alphabet just announced financial results for the first quarter of 2018, and the news is good across the board. The company took in a whopping $31.15 billion over the three-month period ending March 31st, which is a 26% increase of Q1 of 2017. After expenses, Google had $9.4 billion in net income for Q1.

Analysts had projected Alphabet's revenue numbers to be slightly lower, so the stock initially shot up in after-hours trading.

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Alphabet reports $31.15 billion in revenue for Q1 2018, a 26% increase over last year was written by the awesome team at Android Police.

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