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YouTube Ad Revenue Rises 9% But Parent Alphabet Misses Wall Street's Q3 Targets; Stock Drops
Source: deadline.com
Corporate EarningsMedia & EntertainmentCompany Fundamentals
Alphabet shares fell 8% in after-hours trading after the company’s overall financial results undershot Wall Street expectations. YouTube ad revenue rose 9% year over year to $11.2 billion in the third quarter; the article’s reported total revenue figure is cut off.
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