“Google’s stunning earnings disappointment on Thursday is a dramatic example of what has become Wall Street’s latest worry: revenue is coming in much worse than anyone thought.
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Tony Avelar | Bloomberg | Getty Images
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Overall this earnings season, third-quarter profits have managed to be a shade better than the doom-and-gloom forecasts.
But company top lines—or the revenue generated that should be driving those bottom-line profit beats—have been even worse this quarter than they were last.
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