Google's parent company's quarterly numbers simply do not meet expectations Now



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Alphabet has achieved a turnover of $ 33.7 billion (about 30 billion euros) over the last three months. As a result, the parent company of Google has obtained slightly worse results than expected by analysts.

Google's parent company announced its Thursday turnover with the presentation of the latest quarterly figures. The turnover has increased by 21% compared to the same quarter of last year. Analysts were expecting $ 34 billion.

Alphabet must pay billions of dollars to its partners who contribute to the distribution of Google's search engines and browser. This amount reached $ 6.6 billion. As for the second quarter, it accounted for about 23% of advertising revenue.

Sales have increased thanks to mobile search solutions and enterprise solutions, says Ruth Porat, chief financial officer at Alphabet and Google.

The net result increases. from $ 6.7 billion last year to $ 9.2 billion this year. This represents around 8 billion euros.

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