Google revenue falls short of Q1 estimates
https://apnews.com/94bb4f08ae7f4726995b036658345659
SAN FRANCISCO (AP) — Google parent Alphabet is reporting that it beat analyst earnings expectations with a first-quarter profit of $8.3 billion. But the company's revenue fell below expectations.
Alphabet is including an expected charge of $1.7 billion in the quarter's results to account for a European Union antitrust fine. Including the fine, Alphabet's profit of $6.7 billion fell short of analyst estimates.