Alphabet Reports $119.8 Billion Q2 Revenue, Up 24% YoY, Beats Expectations

According to Yonhapinfomax, Alphabet reported second-quarter revenue of $119.796 billion on July 22, representing a 24% year-over-year increase and exceeding analyst expectations of $116.93 billion. The outperformance was driven by strong cloud business growth.

The earnings report supported broader moves in Asian currency markets, with the dollar-won exchange rate settling at 1,477.50 won on July 23, down 2.60 won from the previous close of 1,480.10 won.