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.