Google 3rd-Qtr Profit More Than Doubles on Web Advertising
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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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Google reported today that its fourth-quarter profit nearly tripled from a year ago as the world's most popular search engine continued to expand its dominant role on the Web, especially in the highly lucrative area of online advertising.
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YESTERDAY Close $639.62 Change +$6.14 52-WEEK High $641.41 Low $417.50 Google Inc., the owner of the most popular Internet search engine, said third-quarter profit jumped 46 percent, beating analysts' estimates, after the company extended its lead over Yahoo Inc. and grew outside the United States.
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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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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 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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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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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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Google Inc.'s fourth-quarter profit nearly tripled as the online search engine leader once again sprinted past analyst expectations, but the breathtaking growth wasn't enough to satisfy investors.
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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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NEW YORK -- Internet advertising revenues jumped 40 percent in the first half of this year, driven largely by the growing popularity of keyword ads tied to search results.
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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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Internet marketing company  DoubleClick DCLK.O on Thursday reported a higher  fourth-quarter profit on improved sales of its services to  place and track online advertising, but its shares fell 4  percent after it forecast first-quarter results at the lower  end of analysts' range.
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Internet search engine Google thanks strong advertising sales for a target-beating rise in both turnover and profits.
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Web search leader Google (GOOG) Thursday posted a rise in quarterly profit that beat expectations and showed the company dodged the slowing growth trend that has hurt rivals Yahoo and eBay.
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Web search leader Google Inc. , 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 continues to grow revenue at a healthy clip, reporting an increase of almost 60 percent in the third quarter compared to the same period last year.Third-quarter revenue for the search giant reached $4.23 billion, up 57 percent over the same quarter last year.Net income for the quarter that ended Sept. 30 was $1.07 billion using generally accepted accounting principles (GAAP), compared to $733 million in the same quarter last year. On a non-GAAP basis, net income reached $1.24 billion in the third quarterEarnings per share on a non-GAAP basis were $3.91, beating analysts consensus as polled by First Call, which was $3.78.Google&#39;s core search advertising business, as well as expansion of services into international markets, drove growth, Google said. Revenue from outside of the United States was $2.03 billion, representing 48 percent of revenue in the quarter. That compares with 44 percent of revenue coming from international markets in the same quarter last year.