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The share of the alphabet falls after the issue of the Stock Exchange and Finance



The Google Alphabet owner has published quarterly data for the first quarter of the year after Wall Street Monday has ended.

The result was $ 6.66 billion, or $ 9.50 per share.

The result was a $ 1.7 billion fine for Internet advertising practices. Excluding the fine, the result was $ 11.90 per share.

Revenue was $ 36.34 billion.

In advance, according to Refinitive, a profit of $ 10.61 per share (adjusted for fine) was expected and revenues were expected at $ 37.33 billion.

This means that the technological giant missed income expectations.

This is despite the fact that sales increased from the same period last year, when sales reached $ 31.15 billion. At that time, the result was $ 9.93 per share.

Shares fell by almost four percent just after the decline in the number of pieces – then this decline and shares fell by 5.5 percent.


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