Alphabet sees worst Q4 since 2015; revealed YouTube revenues for first time

Alphabet sees worst Q4 since 2015; revealed YouTube revenues for first time

Alphabet’s worst fourth-quarter revenue growth since 2015 sent shares down nearly 5% on Monday even as profits topped most forecasts. Detailing its cloud computing and YouTube revenues for the first time , it said profits rose 19 percent from a year ago in the quarter to nearly $10.7 billion as revenues increased 17 percent to $46 billion- the slowest rate in more than two years.

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Simone
DScott
DScott 1 months

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