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Tuesday, 4 February 2020

Alphabet's Q4 report shows slower than expected growth

Google's parent company Alphabet put out its Q4 and 2019 fiscal year earnings report and the numbers show a slowdown in revenue growth despite an 18% jump in total revenues on a per-year basis. Revenue growth in the October-December period on the other hand was the lowest in the past 4 years. The report also revealed YouTube ad revenue figures for the first time - $15 billion, but the number is lower than analysts' estimates which were in the $25 billion ballpark. Alphabet Q4 2019 and fiscal year highlights Google Cloud was another underperformer despite growing by 53% quarterly...

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Author: via Bestsoftpro

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