Google earnings signal company weathering slowdown better than expected
by Kari Paul from Technology | The Guardian on (#61V2D)
Parent company Alphabet reports second-quarter revenue of $69.69bn, 13% higher than a year ago
Alphabet only narrowly missed estimates for its quarterly revenue on Tuesday, a sign the tech giant may weather an industry-wide slowdown better than expected.
Alphabet reported second-quarter revenue of $69.69bn, 13% higher than same period a year ago, and nearly in line with the average expectation of $69.88bn among investment researchers tracked by Refinitiv.
Continue reading...