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Wireless

Alphabet profit slides in Q3, amid Fitbit takeover rumours

Tuesday 29 October 2019 | 09:37 CET | News
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Alphabet reported more strong revenue growth in the third quarter, but also lower profit figures. CEO Sundar Pichai said the company made progress across the board, from recent advancements in search and quantum. Revenues rose 22 percent from the year before in constant currency to USD 40.499 billion, boosted by mobile search, YouTube and Cloud. The net profit meanwhile fell to USD 7.068 billion from 9.192 billion, with diluted earnings per share declining to USD 10.12 from 13.06.  

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Categories: Internet / Mobile & Wireless
Companies: Alphabet / Fitbit / Google / YouTube
Countries: World
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