Alphabet trounces profit estimates on ad sales surge

By

Follow google news

Google mothership beats Wall Street estimates.

Alphabet trounces profit estimates on ad sales surge
Google parent Alphabet Inc reported that its profit margin rose in the second quarter, delivering investors a long-awaited sign that expenses are coming into check. Shares jumped more than 5 percent after hours. Growth in the company’s traffic acquisition costs, a key expense, decreased ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA wants agents to initiate application modernisation

CBA wants agents to initiate application modernisation

ASX outage caused by security software upgrade

ASX outage caused by security software upgrade

CBA runs early test of "frontier" AWS AI agent

CBA runs early test of "frontier" AWS AI agent

CBA finds its first chief AI officer

CBA finds its first chief AI officer

Log In

  |  Forgot your password?