Google parent Alphabet misses quarterly revenue estimates
ReutersFeb 4, 2025 9:06 PM
Feb 4 (Reuters) - Alphabet GOOGL.O missed Wall Street estimates for quarterly revenue on Tuesday, in a sign the Google parent was taking a hit from increased competition in the digital advertising market and a slowdown in its cloud computing business.
Revenue rose 12% to $96.47 billion in the fourth quarter, compared with the average analyst estimate of $96.56 billion, according to data compiled by LSEG.
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