Google's Profit Jumps 46 Percent, Sets Record
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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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NEW YORK/SAN FRANCISCO  - Shares of Google Inc.  rose as much as 20 percent on Friday, to trade at more than  twice the level of its cut-price IPO, after the Web search  leader posted strong quarterly results in its first reported  quarter as a public company.
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Google Inc. GOOG.O stock jumped more  than 12 percent on Wednesday to new highs, pushing the Web  search leader past eBay Inc. EBAY.O as the biggest Internet  company in terms of stock market value, after trouncing  quarterly earnings forecasts.
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Google Inc. yesterday reported that profit skyrocketed more than sevenfold in the fourth quarter, a jump executives attributed to various factors, including higher prices paid for ads and a larger amount of Internet advertising from the 1,000 biggest U.S. companies.
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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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Since its IPO back in August, the search engine Google has seen its shares rise over 70% in a little over two months. Google shares closed Tuesday at $147.
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Google Inc., the world&#39;s most-used Internet search engine, said net income more than doubled to $52 million after sales of Web advertising rose.
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Anyone who was concerned that Internet search giant Google would be hampered by going public in August can breathe easy as Google announces, in its first financial results since floating on the stock market, that its profits have more than doubled.
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Web search leader Google  Inc. saw its volatile shares reach an all-time record closing  price of $518.84 on Tuesday, as recent momentum in products and  partnerships have offset regulatory setbacks.
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SAN FRANCISCO -- Google Inc.'s third-quarter profit soared 46 percent to hurdle the enormous expectations that have elevated the Internet search leader's stock price by more $100 during the past month.
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Web search leader Google Inc. (GOOG.O: Quote, Profile, Research) , in its first earnings report as a publicly held company, on Thursday posted a higher net profit as revenue more than doubled on strong Web search advertising.
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Web search leader Google Inc. , in its first earnings report as a publicly held company, on Thursday posted a profit of &#36;52.0 million in the third quarter on strong Web search advertising.
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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.
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TOKYO Yahoo Japan, which operates Japan&#39;s most visited Web portal, said Wednesday that profit rose 46 percent during its fiscal second quarter as it sold more advertising.
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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 accelerating market share gains and tighter cost controls.
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InfoWorld - Google beat Wall Street&#39;s expectations for its fourth quarter, ended Dec. 31, 2006, as the company continues on a tear, selling search engine advertising much faster than its biggest rivals and than the industry average.
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The Internet search giant posted profit of $1.07 billion, fueled by strong performance in its search and advertising business.