Alphabet misses profit estimates as Google bets big on newer businesses

Alphabet misses profit estimates as Google bets big on newer businesses

6 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-alphabet-results/alphabet-misses-profit-estimates-as-google-bets-big-on-newer-businesses-idUSKBN1X725B

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.2% even though revenue growth topped expectations.