Alphabet: Google parent company's shares drop after latest earnings report

Report comes as company faces internal worker turmoil, and a recent $1.7bn fine from the EU

Google shares slumped on Monday after the company failed to beat analyst predictions, following a year of internal turmoil, privacy concerns, and several international fines.

Stock for Alphabet, Google's parent company, was down 7% in after-hours trading after the company reported first quarter revenue of $36.34bn, lower than the $37.33bn revenue forecast by analysts. The quarter one earnings represent a 17% increase from the same time last year, in which it reported $31.15bn in revenue.