Alphabet Inc., Google's parent company, on Tuesday reported its second-quarter revenue at 69.69 billion U.S. dollars, up 13 percent from the same period last year.

Announcing its financial results for the quarter that ended June 30, 2022, the company said its net income was 16.00 billion dollars, compared with 18.53 billion dollars in the same period of 2021.

Among the entire quarterly revenue of 69.69 billion dollars, a total of 62.84 billion dollars came from Google Services total including YouTube advertising, according to the company's financial report.

The quarterly report also showed that Google Cloud sales grew to 6.28 billion dollars from 4.63 billion dollars in the same period of 2021.

"In the second quarter, our performance was driven by Search and Cloud. The investments we've made over the years in AI and computing are helping to make our services particularly valuable for consumers, and highly effective for businesses of all sizes. As we sharpen our focus, we'll continue to invest responsibly in deep computer science for the long-term," said Sundar Pichai, CEO of Alphabet and Google.

"Our consistent investments to support long-term growth are reflected in our solid performance in the second quarter... We are focused on responsible capital allocation in support of our growth opportunities," said Ruth Porat, CFO of Alphabet and Google.

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