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jeudi 21 avril 2016

Alphabet Releases their Q1 2016 Earnings Report

Alphabet just announced their quarterly financial report and while they brought in billions in profit, they failed to meet expectations. For the quarter, Google says they brought in $20.25 billion in revenue, and $4.2 billion of that was profit. This is a 17% increase in year-over-year revenue for the company, but has resulted in a 4% drop in their stock price during after-hours trading.



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