Ads help Google profits triple
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Internet search engine Google says its ability to cash in on web adverts helped its profits triple in the last quarter of 2006.
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Yahoo Inc. reported on Tuesday a quarterly net profit that more than tripled from the year earlier, boosted by the sale of shares it held in rival Google Inc. and stronger online ad revenue that analysts said may signal good results from other Web search providers.
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SAN FRANCISCO - Google Inc.'s fourth-quarter profit nearly tripled amid another burst of breathtaking growth that enabled the online search leader  to sprint past analyst expectations - a habit that has helped propel its  stock price above $500.
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Web search leader Google Inc  reported on Thursday a 46 percent rise in profit that topped Wall Street expectations, fueled by recent accelerating market share gains and tightened cost controls.
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Google again posted record earnings yesterday as the company continues to gobble up search and online advertising market share.
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Yahoo continued to ride the growth of online advertising in the third quarter, but more than half its profit in the quarter came from the success of its rival Google.
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The Internet search giant posted profit of $1.07 billion, fueled by strong performance in its search and advertising business.
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Google's third-quarter profit more than doubled, reflecting a continued surge in the online advertising distributed by its Internet-leading search engine.
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Investors were scrambling to buy Google stock again after the company&#39;s earnings report. Google shares rocketed higher by 13 percent, or more than $20, in trading this morning to $169.
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Stock of Google Inc.  powered to new highs on Friday, buoyed by the web search leader's new products and growth prospects, which complement its recent strong financial results, analysts said.
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Ask Jeeves Inc.  posted a higher third-quarter profit as Web-search advertising continued to fuel revenue growth.
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Yahoo Profit More Than Triples Thanks to Overture  Yahoo's quarterly profit more than tripled when compared to Q3 2003. The increase in Yahoo profit over this time period is largely attributed by the performance of Yahoo's search engine advertising service Overture. Yahoo posted net income of $253.3 million, or 17 cents ...
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Web search leader Google Inc. posted quarterly earnings on Tuesday that blew past expectations on strong Web search advertising, driving its share price up almost 10 percent to a record high.
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Web search leader Google Inc.  GOOG.O, in its first earnings report as a publicly held  company, on Thursday posted quarterly net income and revenue  that more than doubled on strong Web search advertising.
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Google generated most of its revenue -- $411.7 million -- through text-based ads displayed on company-owned sites. That&#39;s an important factor, because Google doesn&#39;t have to share the money with other advertising partners.
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Google, the Internet search company, surprised Wall Street by announcing that its sales and profit margins grew much faster than expected in the fourth quarter.
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Shares of Google, the most-used Internet search engine, which went public this summer, surged 17 percent Friday after quarterly profit more than doubled and the company said the market for Internet advertising was showing no signs of slowing.