Alphabet Q2 revenue reaches $119.8 billion, up 24% year-on-year

Alphabet's Q2 revenue was $119.8 billion, up 24% year-on-year, exceeding the estimate of $117.02 billion. Q2 operating profit was $40.77 billion, against an estimate of $40.55 billion; Q2 capital expenditure was $44.92 billion, against an estimate of $44.15 billion; Q2 Google Cloud revenue was $24.77 billion, beating the estimate of $22.46 billion; Q2 Google Services revenue was $94.54 billion, slightly above the estimate of $94.32 billion.