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Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.
Josh Edelson | AFP | Getty Images
Alphabet reported weaker-than-expected earnings and revenue for the second quarter. The stock rose more than 4% in extended trading.
Here’s how the company did:
- Earnings per share (EPS): $1.21 vs $1.28 expected, according to Refinitiv
- Revenue: $69.69 billion vs $69.9 billion expected, according to Refinitiv
- YouTube advertising revenue: $7.34 billion vs. $7.52 billion expected, according to StreetAccount
- Google Cloud revenue: $6.28 billion vs. $6.41 billion expected, according to StreetAccount.
- Traffic acquisition costs…
Source cnbc.com
