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April 19, 2007
Google Income, Profits Up
Google reported its first-quarter financial results today, with profits up 69 percent to $1 billion, or $3.18 a share, on revenues of $3.66 billion, up 63 percent year-to-year.
Google execs spent much of the earnings call emphasizing the importance of its core businesses, search and search advertising. The company has been criticized of late for its apparent lack of focus, exhibited by its dabblings in offline media, intended acquisition of display ad network DoubleClick, and other non-search activities. More details are available from ClickZ News.
Posted by Kevin Newcomb on April 19, 2007 10:22 PM
