Alphabet Shares Tumble as Earnings Miss Estimates – NBCNews.com


NBCNews.com
Alphabet Shares Tumble as Earnings Miss Estimates
NBCNews.com
Shares fell about 3 percent in after-hours trading. Cost of revenues rose from a year ago to 41 percent of revenues, up from 38 percent a year ago. The company’s traffic acquisition costs hit $4.8 billion during the quarter, up from a year ago and
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Google parent Alphabet posts $26B in revenue, but shares drop after earnings miss expectationsGeekWire
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