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Google says mistakenly put old ad outlook on Web

Another Google "boo boo"

         

poster_boy

7:16 am on Mar 8, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Full story found at:

[biz.yahoo.com...]

SAN DIEGO (Reuters) - Google Inc. (NasdaqNM:GOOG - News) inadvertently published outdated revenue and profit projections on its Web site after last week's meeting with Wall Street analysts, the company said in a regulatory filing on Tuesday. But it stood by its refusal to issue financial projections.

The previously undisclosed presentation notes stated that Google's core advertising business was expected to grow by nearly 60 percent to $9.5 billion in 2006 but that profit margins in its mainstay AdSense business could be squeezed this year and beyond.

[edited by: Chris_R at 7:58 am (utc) on Mar. 8, 2006]
[edit reason] only summaries of others is allowed - and removed bolding not in original [/edit]

TinkyWinky

8:56 am on Mar 8, 2006 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I bet Yahoo loved putting that one up :)