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Alphabet returns to revenue growth of 14% in Q3, net profit jumps 59%

Friday 30 October 2020 | 09:39 CET | News
Google's parent company Alphabet reported a return to revenue growth in the third quarter, as the advertising market recovered from the slowdown in Q2. Revenues rose 14 percent year-on-year to USD 46.2 billion, and the operating margin improved to 14 percent from 13 percent. Net profit jumped 59 percent to USD 11.2 billion or USD 16.40 per share.

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