Reply With Quote69%? If that number would have come from anyone else, I'd have said that they were cooking the books.
Google's profits soaring
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Thread: Google's profits soaring
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04-20-2007, 09:43 AM #1I'm CEO, Bitch! ADMINISTRATOR
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Google's profits soaring
Google's profits soaring
April 20, 2007
Google Inc.'s first-quarter profit rose 69 percent, maintaining the online search leader's penchant for blowing past analyst estimates.
The Mountain View-based company said Thursday that it earned $1 billion, or $3.18 cents per share, during the first three months of the year. That compared with net income of $592.3 million, or $1.95 per share, at the same time last year.
If not for expenses incurred for employee stock compensation, Google said it would have earned $3.68 per share. That figure topped the average estimate of $3.30 per share among analyst surveyed by Thomson Financial.
Quarterly revenue reached a new company high of $3.66 billion, a 63 percent increase from $2.25 billion last year.
After subtracting advertising commissions, Google's revenue totaled $2.53 billion. That amount was about $40 million above analyst estimates.
The Spokesman-Review.com
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04-20-2007, 09:59 AM #2Metrosexual ELITE MEMBER
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So many cries of inequality stem from one of group
of people doing little or nothing and then bitching
about another group that actually does something
to improve their lives.
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04-20-2007, 12:30 PM #3Senior Member ELITE MEMBER
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04-20-2007, 08:51 PM #4Super Moderator SUPER MODERATOR
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Yep yep, as I said before. Compared to some companies they are undervalued still.
Motivation Bench form Charles Poliquin When I let go of what I am, I become what I might be. Lao-Tzu
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04-20-2007, 09:04 PM #5Senior Member ELITE MEMBER
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04-21-2007, 01:14 AM #6primeau
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P/E is not a tell all indicator
Originally Posted by bigss75
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04-21-2007, 05:19 AM #7Moderator MODERATOR
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Amazing what happens when you treat your employees properly and have a good business model.
If sense were common, everyone would have it.
4/2007-Current 75th Ranked most popular image 1 spot behind Prince's bulge...
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04-21-2007, 09:17 AM #8Senior Member ELITE MEMBER
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