Google shares fall after earnings and revenue miss target
Google shares fell over 2.5% after the bell on Thursday after earnings and revenue missed target.
ALPHABET-A
$166.62
13:10 02/05/24
1.68%
$2.76
Nasdaq 100
17,541.54
12:15 02/05/24
1.29%
222.99
The amount the firm received per ad click decreased even as the number of clicks increased, with clicks on advertiser links next to Google's search results rising 14% year-on-year, though the amount it received per click declined 3% from the corresponding period in 2013..
For the latest period, the group said revenue rose to $18.1bn from $15.7bn, but it fell below the $18.46bn analysts had expected.