Alphabet trounces profit estimates as Google reins in costs

Alphabet trounces profit estimates as Google reins in costs

6 years ago
Anonymous $hM_jrxqbr-

https://www.reuters.com/article/us-alphabet-results/alphabet-trounces-profit-estimates-as-google-reins-in-costs-idUSKBN1KD2F5

Alphabet Inc on Monday reported that expenses from its Google search business grew more slowly in the second quarter while revenue rose more steeply than analysts had anticipated, boosting profit above Wall Street targets and pushing shares up 3.6 percent after hours.

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