According to Reuters, Google's parent company beat Wall Street's expectations for their second quarter profit margin.
Posted after the closing bell, Alphabet shares jumped over 5-percent in after-hours trading.
In their second quarter report, Alphabet posted adjusted earnings per share of $10.58, beating analyst estimates by $1.
Before adjustments, Alphabet recorded $11.75 earnings per share.
Overall, Alphabet reported $32.66 billion in second-quarter revenue, 86-percent of which came from Google’s advertising business.
