Google Shares Rise as Profit, Sales More Than Double
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Google Inc.&#39;s shares surged to more than twice its initial public offering price after third-quarter profit and sales more the doubled and the company said the market for Web advertising shows no signs of slowing.
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GOOGLE, the internet search company, defied its doubters last night as it reported a doubling of quarterly revenues on strong advertising demand.
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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.  said on  Thursday second-quarter net profit more than doubled as the Web  search leader dodged a trend of slowing growth that has hurt  rivals Yahoo  and eBay .
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Google's quarterly profits jump 28% to $925m but the figure is not as good as analysts had hoped for.
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Web search provider Google Inc., posting its first financial results as a public company, yesterday said its third-quarter earnings and revenues both more than doubled from a year ago on the strength of an online advertising boom that continues to gather steam.
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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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Google Inc. said third-quarter profit and sales more than doubled as it sold more advertising and attracted more Internet surfers to its Web sites.
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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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Shares of Google Inc. gained more  than 15 percent on Friday, to trade at more than twice the  level of its cut-price IPO, after the Web search leader  delivered strong quarterly results in its first reported  quarter as a public company.
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Google&#8217;s 2006 Q4 earnings beat Wall Street expectations when they announed today that revenues were up 67% over Q4 2005 and 16% more than last quarter. From the Google Earnings Press Release: Q4 Financial Summary  Google reported revenues of $3.21 billion for the quarter ended December 31, 2006, an increase of 67% compared to the fourth quarter [...]
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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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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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Shares of Google are on the way up again on their second day of trading.
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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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Continuing a recent surge driven by Wall Street's high expectations for the company, Google's shares rose $9.67, or nearly 2 percent, to $504.72 in morning trading on the Nasdaq
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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.