Alphabet revenues are up 22% but the stock is still dropping

Alphabet revenues are up 22% but the stock is still dropping

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/02/04/alphabet-revenues-are-up-22-but-the-stock-is-still-dropping/

Despite delivering a Q4 earnings revenue beat, Google parent company Alphabet’s stock is seeing a bit of a drop.

The massive search company reported revenue of $39.3 billion, up 22 percent year-over-year with an EPS of $12.77. Alphabet stock dropped more than 2 percent in after-hours trading.

Alphabet revenues are up 22% but the stock is still dropping

Feb 4, 2019, 10:30pm UTC
https://techcrunch.com/2019/02/04/alphabet-revenues-are-up-22-but-the-stock-is-still-dropping/ > Despite delivering a Q4 earnings revenue beat, Google parent company Alphabet’s stock is seeing a bit of a drop. > The massive search company reported revenue of $39.3 billion, up 22 percent year-over-year with an EPS of $12.77. Alphabet stock dropped more than 2 percent in after-hours trading.