Alphabet (Google) sees its profit shrink to $16.4 billion in the first quarter, below expectations
4/26/2022, 8:40:25 PM
This is 8% less than a year ago, when the online advertising giant had an exceptional quarter. Alphabet, the parent company of Google, published on Tuesday April 26 a net profit of 16.44 billion dollars for the first quarter, 8% less than a year ago, when the online advertising giant had achieved an exceptional quarter. Read alsoNeighboring rights: the magazine press validates the agreement proposed by Google At 68 billion dollars, its turnover jumped 23% year on year, but is also slightl
Alphabet, the parent company of Google, published on Tuesday April 26 a net profit of 16.44 billion dollars for the first quarter, 8% less than a year ago, when the online advertising giant had achieved an exceptional quarter.
Read alsoNeighboring rights: the magazine press validates the agreement proposed by Google
At 68 billion dollars, its turnover jumped 23% year on year, but is also slightly below market expectations.
The action of the Californian group lost about 4% during electronic trading after the closing of the New York Stock Exchange.