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Alphabet (Google) sees its profit shrink to $16.4 billion in the first quarter, below expectations

2022-04-26T20:40:25.629Z


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.

Source: lefigaro

All news articles on 2022-04-26

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