 |
|
Who's Online
|
There are currently 222 people and 0 DV-member(s) online.
|
|
|
|
|
RSS
|
 |
|
|
|
| |
Google Q4 profits nearly triple
| |
Posted on Wednesday, January 31 2007 @ 23:20:52 CET by Thomas De Maesschalck |
Google today announced its fourth quarter financial results and they are a lot better than analysts had anticipated. In Q4 2006 the search engine's revenue increased to $3.21 billion, which is 67% more than the same period a year ago.
The search engine's profit nearly tripled from $372 million in Q4 2005 to $1.03 billion. Per share Google's profits increased from $1.22 last year to $3.29. In the third quarter of 2006 the company reported a net profit of $733 million and earnings per share of $2.36.
Analysts expected earnings per share of $2.92. Google's revenue excluding the income from partner websites rose 61% to 2.23 billion, which is in-line with expectations of Wall Street analysts.
|
| |
|
|
| | The comments are owned by the poster. We aren't responsible for their content. |
|
|
|
|
