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GOOG - Google, Inc. Reports Earnings

21 April 2005
Author: site admin Posted under Investing

GOOG’s flying high in after-hours trade after reporting eps of $1.29. That equates to income of $369.2 million for the three months ended in March compared with net income of $64 million, or 24 cents per share for same quarter last year. Revenue nearly doubled to $1.26 billion from $651.6 million last year. After subtracting commissions to other Web sites in its advertising network, the company’s revenue was $794.5 million. GOOG closed today (4/21/05) at $204.22, up $6.12. In after-hours trade GOOG’s at $223.70, up another $19.48 (+9.54%).


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