Alphabet 2Q ADJ Eps $8.42; Est. $8.03

The transcript discusses Alphabet's second quarter financial results, highlighting an adjusted EPS of $8.42, which is slightly below the highest analyst estimate. Alphabet's reporting format has changed since it was Google, affecting comparability. Revenue ex-TAC was $17.5 billion, surpassing the most optimistic estimates. The cost per click decreased by 7%, while paid clicks increased by 29%, both differing from consensus assessments.

What was the adjusted EPS for the second quarter?

How does the second quarter revenue ex. TAC compare to the consensus assessment?

What is the main source of revenue for Alphabet?

What was the percentage drop in cost per click for the second quarter?

What was the increase in paid clicks compared to estimates?