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Alphabet (GOOGL) reports earnings, stock drops on revenue miss (cnbc.com)
42 points by astlouis44 11 months ago | hide | past | favorite | 7 comments


Results: https://abc.xyz/assets/91/b3/3f9213d14ce3ae27e1038e01a0e0/20...

10-Q: https://www.sec.gov/Archives/edgar/data/1652044/000165204424...

All the numbers look pretty good at first glance (revenues up 15% YoY from $70B to $81B, operating income up from $17B/25% margin to $25/32% margin), EPS up from $1.17 to $1.89), but obviously Wall Street expected even more so now the stock is tanking.


“Tanking” is a bit much.


It's down 7% in after-hours trading as I type this.


Yes, but it’s famously volatile day to day, to put it in perspective the current price is back to where it was 2 weeks ago.



9% drop after hours on this news? Seems like an overreaction. But what do I know?


revenues didn't miss predictions, predictions missed revenues




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