Here are insights on seven health information technology companies' quarterly financial performances.
1. Google's parent company Alphabet posted financial results for the first quarter ended March 31, 2019, recording a 17 percent increase in revenues year over year to $36.3 billion.
2. For the first quarter of 2019, Amazon's net income increased to $3.6 billion compared to $1.6 billion in the first quarter of 2018.
3. Wearables, home and accessories contributed to $5 billion of Apple's revenue, a 66 percent increase from $3.9 billion during the same period last year.
4. Fitbit posted $272 million in revenue, up 10 percent from $247 million during the same time last year.
5. Microsoft reported $30.6 billion in revenue for the third quarter of fiscal year 2019, which ended March 31. This represents a 14 percent increase year over year.
6. Philips reported approximately $4.7 billion in sales for the first quarter of 2019, a 2 percent year-over-year increase.
7. Teladoc posted $128.5 million in revenue for the first quarter of 2019, up 43 percent from $89.64 million in the same period last year.