Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported second quarter 2024 earnings results today.
Revenues increased 14% year-over-year to $84.7 billion.
Net income rose to $23.6 billion, or $1.89 per share, from $18.3 billion, or $1.44 per share, last year.
Revenue and earnings beat estimates.
Google services total revenue amounted to $73.9 billion while Google Cloud revenues were $10.3 billion.
The company ended the quarter with cash and cash equivalents of $27.2 billion.