Alphabet revenues are up 22% but the stock is still dropping
February 4, 2019 | Uncategorized
Despite delivering a Q4 earnings beat, Google parent company Alphabet’s stock is dropping. The company reported revenue of $39.3 billion, up 22 percent year-over-year with an EPS of $12.77. Alphabet stock dropped more than 2 percent in after-hours trading. Advertising revenues were up 20 percent YoY in Q4 to $32.6 billion. “Other” revenues (Cloud, hardware) were reported […]