Google's parent company Alphabet saw its net income decline in the second quarter of this year, the firm announced on Monday.
Net income decreased to $3.52 billion in the second quarter of the year, from $4.88 billion the same period a year ago, posting a 28 percent decline.
Revenue, on the other hand, rose 21 percent to $26 billion, from $21.5 billion during that period.
After the decline in net income, Alphabet shares decreased in the U.S. stock market in after-trading hours on Monday.
The company's stock price fell to as low as $966.70 a share after closing Monday at $998.32 per share -- a 3.2 percent decline.
Moreover, Google saw an increase in its advertisement revenues during the second quarter of the year.
Ad revenues rose 18.4 percent to $22.67 billion in the second quarter of 2017, from $19.14 billion in the second quarter of 2016.
By Ovunc Kutlu in New York