Google Results Revive &#39;Dot-Com&#39; Fervor
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Shares of Google Inc. rose as much as 20 percent on Friday, to trade at more than twice the level of it cut-price IPO, after the Web search
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Shares in Google jump to a new high in after-hours trading as the internet search firm reveals its first results since floating on the Nasdaq.
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Despite some market concerns over Google&#39;s growth potential in a slowing economy, the search giant continues to report strong growth, with fourth-quarter revenue up 51 percent over the same period the year before.Google reported revenue of $4.83 billion for the quarter ending Dec. 31 using GAAP (generally accepted accounting principles). Net income for the period was $1.21 billion, compared to $1.01 billion in the third quarter of 2007.With earnings per share of $4.43, Google just missed analyst consensus of $4.44 on a non-GAAP basis, as polled by First Call.Google continues to increase revenue from outside the United States, reporting that 48 percent of total revenue in the quarter came from international markets. That&#39;s up from 44 percent in the same period a year earlier but the same as the third-quarter 2007.In a statement, Google&#39;s CEO Eric Schmidt said that the report reflects strong momentum in the company&#39;s core business as well as a growing receptivity to its new businesses.
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Web search leader Google Inc reported on Thursday a 46 percent rise in profit that topped analysts' expectations, as revenues grew 57 percent and comfortably outpaced expense growth, reassuring investors.
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As the stock prices of companies like Google and eBay soar, happy days are here again for the Internet analyst.
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Wall Street, which forced Google, the Internet search engine, to lower the price of its shares sharply in its initial public offering in August, has decided that the company is worth a lot more today than it was then.
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Google Inc.  put up  another quarter of eye-popping growth in revenues, profits and  market share gains, but the stock traded sideways on Friday as  the results contained few surprises to drive shares higher.
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The internet search engine Google has released its first set of results since the company floated on the stock market two months ago.
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Google said today that its quarterly profit rose as its ability to capitalize on Web advertising gained momentum against rivals such as Yahoo and Microsoft.
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Web search leader Google Inc.   on Thursday posted an industry-leading 110 percent  rise in quarterly profits as the company dodged the slowing  growth trend that has hurt rivals Yahoo and eBay.
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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.
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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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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 &#151; a habit that has helped propel its stock price above $500.
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Google Inc. rode the Internet advertising wave to another sparkling quarter, justifying the investor confidence that lifted its stock price by more than $100 during past month to establish the online search leader as Silicon Valley's most valuable company.
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Contrary to some published views, the Dutch auction process of Google&#39;s initial public offering (IPO) last week was a success for the internet search engine and its investors despite being undertaken in a &quot;horrendous&quot; market, a legal commentator has
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Google Inc.&#39;s already soaring stock price rocketed even higher on Thursday after reporting strong growth in its first quarter as a public company, prompting skeptics
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Web search leader Google Inc.   reported on Thursday a 28 percent rise in profits that  fell short of consensus expectations, as a recent jump in  operating expenses offset market share gains against rivals.