Company News: Alphabet (GOOG) quarterly earnings miss analysts’ estimate

Market news

2 February 2018

Company News: Alphabet (GOOG) quarterly earnings miss analysts’ estimate

Alphabet (GOOG) reported Q4 FY 2017 earnings of $9.70 per share (versus $9.36 in Q4 FY 2016), missing analysts' consensus estimate of $10.07.

The company's quarterly revenues amounted to $32.323 bln (+24.0% y/y), beating analysts' consensus estimate of $31.879 bln.

GOOG fell to $1,131.00 (-3.14%) in pre-market trading.

Company News: Amazon (AMZN) quarterly earnings beat analysts’ forecast

Bitcoin extends fall, down 9 pct to two-month low of $7,586 on Bitstamp exchange , down more than 30 pct this week

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