Alphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir
The financial casualties of coronavirus pandemic have been revealed across the companies of Alphabet as the group recorded a 30% tumble in net income in the second quarter compare with the same period the previous year. Still, with as many diverse holdings as it has, things aren't as bad for Google's parent company as they seem — at least for the time being.
Alphabet's net revenue for the quarter ending June 30 was $38.3 billion, just about flat from 2019.
Read MoreAlphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir was written by the awesome team at Android Police.
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Jules Wang Uncertainty remains in the crystal ball, though
The financial casualties of coronavirus pandemic have been revealed across the companies of Alphabet as the group recorded a 30% tumble in net income in the second quarter compare with the same period the previous year. Still, with as many diverse holdings as it has, things aren't as bad for Google's parent company as they seem — at least for the time being.
Alphabet's net revenue for the quarter ending June 30 was $38.3 billion, just about flat from 2019.
Read MoreAlphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir was written by the awesome team at Android Police.
https://ift.tt/2Oc19Se July 31, 2020 at 03:05AM
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