Google: Blow Out Q1 2005 Results
In after hours Google shares are trading at over $220.
Google's first-quarter net income rose to $369.2 million, or $1.29 a share, from $64.0 million, or 24 cents a share, a year earlier. Profit from the most recent quarter included a $49 million charge for stock-based compensation.
Gross revenue nearly doubled to $1.26 billion from $651.6 million.
The results easily topped Wall Street's average net profit target of 78 cents a share. Analysts had seen profit excluding some items at 92 cents and revenue at $1.16 billion, according to Reuters Estimates. source
New to the site? Join for Free and get over $300 of free SEO software.
Once you set up your free account you can comment on our blog, and you are eligible to receive our search engine success SEO newsletter.
Already have an account? Login to share your opinions.
Comments
Add new comment