Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing.
Its quarterly revenue came in at nearly $70
billion, a billion better than expected by analysts and in the same three-month
period that the company said it would lay off 12,000 staff or six percent of
its workforce.
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