Google falls short on third-quarter profit
https://apnews.com/d90ef96c2a3e47feb4bbdf1eae38aa86
SAN FRANCISCO (AP) — Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell almost 3% immediately in after-hours trading, although it later made up roughly half of that drop.
The company reported a profit of $7.1 billion, or $10.12 per share — significantly below the $8.7 billion expected by analysts polled by FactSet.
Google falls short on third-quarter profit
Oct 28, 2019, 9:17pm UTC
https://apnews.com/d90ef96c2a3e47feb4bbdf1eae38aa86
> SAN FRANCISCO (AP) — Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell almost 3% immediately in after-hours trading, although it later made up roughly half of that drop.
> The company reported a profit of $7.1 billion, or $10.12 per share — significantly below the $8.7 billion expected by analysts polled by FactSet.