Alphabet faces sharp drop in free cash flow despite Google Cloud growth
GOOGL Alphabet Inc
$293.58 +2.16%
View chart & analysis → - 1Alphabet is facing a contradiction between growth and cash generation following its recent earnings report.
- 2Google Cloud revenue more than doubled, with a Google Cloud backlog of $561,000,000,000.
- 3Alphabet's free cash flow has turned sharply negative.
So what's the key point?
Google Cloud revenue more than doubled and the backlog reached $561,000,000,000. However, Alphabet's free cash flow has turned negative.
Source The Motley Fool +1 · View original ↗
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