Msg#: 4509576 posted 8:57 pm on Oct 18, 2012 (gmt 0)
Q3 earnings were lower than analysts expected. Here one article from the WSJ: [online.wsj.com...]
Google posted a third-quarter profit of $2.18 billion, or $6.53 a share, down from $2.73 billion, or $8.33 a share, a year earlier. Excluding stock-based compensation and other items, profit fell to $9.03 from $9.72 a share. Revenue, excluding traffic acquisition costs, improved to $11.33 billion.
Analysts surveyed by Thomson Reuters expected earnings of $10.65 a share and net revenue of $11.86 billion.