Google’s Q1 Better than Expected
Thursday, April 19th, 2007;
-- Andy Beal |
Just another typical Google quarterly earnings report…
- Net income rose 69% to $1 billion compared to $592 million a year earlier.
- Gross revenue up 63% to $3.66 billion.
Analysts had expected gross revenue of around $3.57 billion and much less profit per share than Google actually delivered.
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April 19th, 2007 at 6:21 pm
Are they ever going to underperform the estimates?
I was just reading an article in today’s WSJ that was saying that this would be the earnings report that wouldn’t be able to amaze the analysts, but it looks like they are wrong.