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
$154.09
13:09 19/04/24
-1.23%
-$1.92
Nasdaq 100
17,037.65
12:15 19/04/24
-2.05%
-356.67
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.