Alphabet (Google) Earnings Crush Views, Stock Spikes

By | October 22, 2015

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Google parent Alphabet late Thursday easily beat Q3 earnings and sales estimates, fueled by mobile search revenue, YouTube and programmatic ads. Earnings before various items rose 16% to $7.35 a share, the second straight quarter of accelerating growth. FactSet expected $6.98; analysts polled by Thomson Reuters had forecast $7.21. Alphabet (GOOGL) revenue minus traffic acquisition costs, or what it pays other sites to carry its Scalper1 News

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