Shares in Google fall after earnings disappoint
04 February 2025 |
9:45 pm
Tech giant Alphabet, Google's parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 percent to $96.5 billion, but the earnings fell short of analyst expectations. READ ALSO:China to probe Google over anti-monopoly violations The company's share price sank as much as 7.5 percent in after hours trading as traders were disappointed…
Tech giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 percent to $96.5 billion, but the earnings fell short of analyst expectations.
READ ALSO:China to probe Google over anti-monopoly violations
The company’s share price sank as much as 7.5 percent in after hours trading as traders were disappointed by the less than expected leap in revenue and the company’s forecast on capital spending for 2025.
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