Google Announces Record Revenues For Fourth Quarter

[Chndru]

[investor.google.com...]

Google reported record revenues of $1.032 billion for the quarter ended December 31, 2004

Net income on a GAAP basis in the fourth quarter of 2004 was $204 million or $0.71 per share on a diluted basis based on 285.9 million weighted average shares outstanding.

[vitaplease]

[quote.bloomberg.com...]

The price of Google's keyword ads increased 20 percent to 25 percent in the past year as demand rose, said Jeff Lanctot, vice president of media at Internet ad agency Avenue A/Razorfish, a unit of Seattle-based Aquantive Inc

[hdpt00]

How did they do so well?

I know, I know!

The sandbox. Wait until all the insiders unload, sandbox is released, AdWords collapses. Greed is going to kill them.

[atadams]

They are up 9.61% in after-hours trading.

[nzmatt]

Wait till next quarter when the SANDBOX FIASCO hits the media fan!

[skipfactor]

At the moment, it's the lead story on reuters.com with a new msn search banner right above it. Coincidence they posted big news quarterly earnings on MSN's D-Day? They're getting damned good or lucky with coincidences.

[Chndru]

good point, skipfactor. shouldn't MSN PR be held guilty?

[shri]

Err .. everyone who is an affiliate knows that Q4 is what its all about. :)

[aravindgp]

They did extremely well, let's cheer "google", go "Goog" Go, it's well deserved raise.

I think they had an exceptional quarter because of season, Adsense and their ability to realise the importance of webmasters :).

[amznVibe]

[msnbc.msn.com...]

In another bullish sign, Google generated 51 percent — $530 million — of its fourth-quarter revenue from its own Web sites. Advertising on its own sites is more valuable to Google because it doesn’t have to share the money with its business partners.

So adwords is doing much better than adsense?