Alphabet's earnings miss profit estimates as spending grows

Alphabet's earnings miss profit estimates as spending grows

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-alphabet-results/alphabets-earnings-miss-profit-estimates-as-spending-grows-idUSKBN1FL6H4

Google parent Alphabet Inc missed quarterly profit forecasts despite surprisingly strong sales as higher expenses offset growing demand for pricey ads on mobile apps, the U.S. technology company said on Thursday.