Alphabet beats forecasts, shares edge higher

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Sharecast News | 27 Oct, 2016

Google-parent Alphabet saw adjusted net income per share rise to $9.06 on the back of a $18.27bn in sales, when excluding so-called traffic acquisition costs.

That bested Wall Street´s forecasts for adjusted EPS of $8.62 on $18.0bn in revenues.

Sares of Alphabet were higher by 0.61% to $822.34 in after hours trading as of 2233BST.

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