Alphabet reports weak earnings and revenue on big YouTube miss

(CNBC) Alphabet reported weaker-than-expected earnings and revenue for the first quarter on Tuesday. The stock slid about 3% in extended trading.

Here are the results:

  • Earnings per share (EPS): $24.62 per share, vs. $25.91 expected, according to Refinitiv
  • Revenue: $68.01 billion, vs. $68.11 billion expected, according to Refinitiv
  • YouTube advertising revenue: $6.87 billion vs. $7.51 billion expected, according to StreetAccount

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.