Ad revenue boosts Google profits
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Internet search firm Google sees third quarter profits more than double on the back of strong advertising revenues.
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Google appears to be promoting itself more aggressively in advertisements alongside search results.
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SAN JOSE, Calif. _ In a measure of the extraordinarily high expectations investors have for Google, the Internet giant reported that quarterly profits soared above $1 billion for the first time _ and disappointed investors promptly sold the stock.
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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, 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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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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Internet search giant Google, which raised &#36;1.7 billion in a highly publicized IPO, announced its first quarterly earnings as a public company Thursday, and the results were stellar. Google reported revenue of &#36;805.9 million, more than double last year's &#36;393.3 million.
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p2pnet.net News:- Posting its first results as a publicly held company, Google says its third-quarter earnings and revenues have more than doubled from a year ago, riding on an &quot;online advertising boom that continues to gather steam,&quot; says the Boston Globe
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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 Making Nearly $.10 on Every Search Query  John Battelle's Search Blog picked this up the other day from a blogger who dissected Google's public revenue records to come to the conclusion that Google earns about $.09 per every search query - a hefty return. With the average cost per click ...
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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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Tribune Co.  reported a higher quarterly profit on Thursday because of one-time gains, while an extra week in the quarter boosted advertising revenue at the company's newspaper operations.
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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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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. yesterday reported that sales and profit more than doubled in the third quarter -- despite a one-time expense of more than $200 million -- as the company issued its first quarterly financial report since going public.
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Google says its ability to cash in on web adverts helped its profits triple in the last quarter of 2006.
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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.