Google parent Alphabet posts mixed 4Q results; profit soars

Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street’s expectations for revenue but beating on profit

Google parent company Alphabet posted mixed fourth-quarter results on Monday, falling short on Wall Street’s expectations for revenue but beating on profit.

The Mountain View, California-based company earned $10.67 billion, or $15.35 per share, in the final three months of 2019. That’s up from $8.95 billion, or $12.77 per share, in the same period a year earlier.

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