Google Parent Alphabet Beats Q1 Forecasts Despite $2.6B Hit From Reduction In Workforce And Office Space, YouTube Advertising Downturn

Alphabet, the parent company of Google and YouTube, bucked the recent trend in the tech sector and topped Wall Street’s financial expectations in the first quarter. The company posted $69.8 billion in revenue, up 3% from the same quarter a year ago, and diluted earnings per share of $1.17, down 5%. Analysts’ consensus outlook was […]