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Alphabet Stock Falls Despite Earnings Beat. Search Revenue Was a Slight Miss.

Shares of Alphabet were falling in after-hours trading Tuesday despite overall better than expected fourth-quarter results from the search giant. For the December quarter, the Google-parent reported revenue of $86.3 billion, up 13% from a year ago, and ahead of the Wall Street consensus forecast of $85.3 billion. Earnings per share were $1.64, beating the consensus of $1.59 a share.
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