Alphabet : Google parent company posts 23% decline in profits as expenses rise
▻https://www.theguardian.com/technology/2019/oct/28/alphabet-earnings-decline-stock-market-google
Disappointing earnings come as the company faces antitrust challenges and employees condemn policies
Alphabet’s stock fell as much as 4% in after hours trading after it reported it missed analyst expectations and posted a 23% decline in profit as it faces rising expenses. Google’s parent company posted earnings of $10.12 per share in its third quarter, lower than the $12.42 per share expected. Its quarterly profit fell 23% to $7.07, hurt by investments in research, development, and (...)
▻https://i.guim.co.uk/img/media/b7bff213178830b69b409f8357bc99385fda9bb8/0_0_4428_2657/master/4428.jpg
