Google Puts Analysts' Targets, Recession In Rearview Mirror

Courtesy WebProNews - Financial  Thu, 10/15/2009 - 15:25

Experts had high expectations heading into Google's third quarter earnings report, but that was no problem for the search giant as it beat estimates in almost every way.  Google's stock is now heading up in after-hours trading. 

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The consensus was that Google would bring in something like $4.24 billion in terms of net revenue.  It posted $4.38 billion, instead.  An even bigger gap was then evident in terms of non-GAAP EPS, with Google reporting $5.89 instead of $5.42.  And...


 

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