Alphabet misses on top and bottom lines

3 yıl önce

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Sundar Pichai speaks onstage during the first day of Vox Media's 2022 Code Conference in Beverly Hills, California.

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Alphabet shares dropped in extended trading on Tuesday after the company reported weaker-than-expected earnings and revenue for the third quarter.

Earnings per share (EPS): $1.06 vs. $1.25 expected, according to Refinitiv estimates.Revenue: $69.09 billion vs. $70.58 billion expected, according to Refinitiv estimates.YouTube advertising revenue:Â $7.07 billion vs $7.42 billion, according to StreetAccount estimates.Google Cloud revenue: $6.9 billionÂ vs $6.69 billion, according to StreetAccount estimatesTraffic acquisition costs (TAC): $11.83 Â vs $12.38, according to StreetAccount estimates

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