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Google parent Alphabet posts mixed 4Q results; profit soars
https://apnews.com/436a1bd213c1b4319181eec2690877f8
SAN FRANCISCO (AP) — Google's revenue didn't grow as much as what Wall Street expected, sending parent company Alphabet's stock down more than 4%, even as profits beat expectations.
Alphabet said Monday it earned $10.7 billion, or $15.35 per share, in the final three months of 2019. That's up 19% from $8.9 billion, or $12.77 per share, a year earlier and more than the $12.49 a share analysts polled by FactSet were expecting.