Alphabet reports Q2 revenue with 62% growth

SAN FRANCISCO - Alphabet Inc, Google's parent company, on Tuesday reported its second-quarter revenue at $61.88 billion, up 62 percent from the same period last year.

Announcing its financial results for the quarter that ended June 30, 2021, the company said that its net income was $18.53 billion or $27.26 in earnings per diluted share, compared with $6.96 billion or $10.13 in earnings per diluted share in the same period of 2020.

Among the entire quarterly revenue of $61.88 billion, a total of $57.07 billion came from Google Services total including YouTube advertising, according to the company's financial report.

The quarterly report also showed that Google Cloud sales grew to $4.63 billion from $3.01 billion in the same period of 2020.