Google's parent company reports worse than expected for the first time in two yearsHere's how the company's key numbers changed year over year, and here's what analysts expected:Revenue - $68 billion (+23%), expectations - $68.1 billion;
Earnings per share - $24.6 (-6%), expectations - $25.9.
Alphabet's net income fell because of a revaluation of its own stock portfolio.
A year ago, investments in shares of other companies brought Alphabet almost $5 billion, but now the loss is about a billion.
At the same time, operating income, or operating profit, rose 22% to $20.1 billion. Operating margin remained the same at 30%.
Alphabet reported worse than expected for the first time in two years, that is, since the pandemic began.
