Alphabet reported on Tuesday second-quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations. Alphabet A announced earnings per share of $1.21 on revenue of $69.69B. Alphabet A shares are down 27% from the beginning of the year, still down 30.70% from its 52 week high of …
Read More »Alphabet Earnings Below Expectations
Shares of Alphabet were higher in late trading Tuesday after the Google parent reported earnings that were only slightly worse than expectations and Alphabet shares have lost about a quarter of their value this year.Advertising revenue increased just 12% to $56.3 billion, as marketers reeled in their spending to manage …
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