Google?s third-quarter earnings report leaked four hours early Thursday afternoon. The earnings, which missed Wall Street's expectations, sent the stock down more than 8% before trading was halted. Google said R.R. Donnelley, its filing agent, is to blame.
Earnings were $9.03 a share on $11.33 billion in revenue, missing expectations of $10.63 a share on revenue of $11.86 billion. Profits took a 20% dip due to costs related to the acquisition of Motorola and Android development. Google?s paid clicks were up 33% year-over-year, but cost-per-clicks revenue declined 15% from the year previous.
Numbers are one thing, but the data is much easier to take in visually, which you can do in… Continue reading...
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