Dismiss Notice
Welcome to Our Community
Wanting to join the rest of our members? Feel free to sign up today.

Google's 600% profit increase

Discussion in 'General Webmaster Helpdesk' started by temi, Apr 23, 2005.

  1. temi

    temi Facilitator Webmaster

    Internet search engine Google has reaped the rewards of a rapid growth in search advertising with a near six-fold surge in quarterly earnings.
    Google reported a net income of $369.2m (£282.7m), or $1.29 a share, in the first quarter, compared with $64m, or 24 cents a share a year ago.

    The figures eclipsed even the most optimistic of Wall Street forecasts.

    Shares in Google rallied by more than $5 after the closing bell on Thursday to trade at $214 a share.

    source/full story: news.bbc.co.uk/1/hi/business/4470747.stm
  2. mcfox

    mcfox Guest

    Awesome performance by Google. I have played my own small part in boosting their profits :eek:
  3. Paul_KY

    Paul_KY New Member Webmaster

    Time to short it again.
  4. temi

    temi Facilitator Webmaster

    Show me and active webmaster who hasn't :)
  5. Win8282

    Win8282 Guest

    Holy mama! btw termi (well im not a webmaster and im below 14 :( ) I haven't helped Google... yet :p. Hey, is that all in 1 year? man 600%?..... shoot

Featured Resources (View All)

Share This Page