GOOGL Earnings: Alphabet Stock Falls 7% on Revenue Miss – TipRanks.com
Alphabet Inc. (GOOG, GOOGL), the parent company of Google, saw its stock tumble following its Q4 2024 earnings report. While the tech giant beat earnings per share (EPS) expectations, it fell short on cloud revenue and announced a significant increase in capital expenditures. This news has sparked concerns among investors, especially as Alphabet faces growing competition and regulatory challenges.
In this article, we’ll break down the key highlights from Alphabet’s earnings report, explore the factors impacting its performance, and discuss what this means for the future of the company.
Alphabet’s Q4 2024 Earnings: The Highlights
Alphabet reported the following financial results for Q4 2024:
