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Alphabet's Strong Momentum in 4 Metrics

TheMotleyFool

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Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), parent company of Google, surprised investors last week with higher-than-expected revenue and non-GAAP (adjusted) earnings per share (EPS). The news sent shares soaring 10% on the trading day following the quarterly update. This is a no-joke move for a company with a market capitalization over $800 billion ($850 billion at the time of this writing).

Here's a closer look at the numbers in the search giant's second quarter that impressed investors, including Alphabet's "Google other" revenue, strong performance from the cloud, and more.

Image source: Alphabet.

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