Here are four things to know about the technology-focused holding company’s financial results.
1. Alphabet posted $26.01 billion in revenue, up 21 percent from the same period in 2016.
2. The company’s net income was $3.52 billion, compared to $4.88 billion one year prior.
3. Alphabet reported a 16 percent operating margin, a decrease from 28 percent one year prior.
4. The company’s diluted earnings per share decreased from $7.00 in the second quarter of 2016 to $5.01.
More articles on health IT:
DirectTrust adds 5 members in Q2
ONC opens public comments on trusted exchange framework provisions
Amazon reportedly launched a secret healthcare team called 1492
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.