Google’s parent company Alphabet (GOOG, GOOGL) reported first-quarter sales that were roughly in-line with estimates, with the tech giant showing resilience in its key search advertising and cloud businesses. However, earnings came in lower-than-expected as costs mounted, and growth in the tech behemoth’s YouTube business slowed sharply compared to last year.
Shares of Alphabet dropped more than 4.5% in late trading following the results.
Here were the main metrics from Alphabet’s report…
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