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Benzinga
Benzinga
Business
Wayne Duggan

11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline

Alphabet Aaron Kessler Andrew Boone Barton Crockett Brad Erickson Brian Nowak Google James Lee Justin Patterson Justin Post

Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings.

On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst estimates of $1.25 and $70.58 billion, respectively. Revenue was up 6% from a year ago.

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