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.
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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.