Wall Street Turns Nose Up At Google Earnings Report

Courtesy WebProNews - Financial  Thu, 01/21/2010 - 16:24

Google's latest earnings report is out, and the search giant did well during the fourth quarter of 2009, beating analysts' expectations.  The unfortunate thing (at least for shareholders) is that a lot of people must have wanted it to do better still, because the stock has taken a bit of a plunge in after-hours trading.

Google LogoLet's start with the good news.  Google generated $4.95 billion in net revenue, topping a consensus estimate of $4.92 billion.  The company managed to...


 

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