Google, which does not give guidance, missed both Wall Street's top and bottom expectations for its December quarter by a hair and the punters turned vicious pounding it down around 50 bucks after-hours. Consensus demanded non-GAAP earnings of $4.44 on revenues of $3.45 billion. Google came in with $4.43 on revenues $3.39 billion. Those revenues figures are net of what's called TAC, Google's traffic acquisition costs, the money it pays its partners, which it this case amounted $1.44 billion or 30% of its ad revenues.
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#2
Ouch! commented on the 1 Feb 2008
Revenue rises 51% to $4.8BN, shares fall 6.5%. Go figure!
#1
Google News Desk commented on the 31 Jan 2008
Google, which does not give guidance, missed both Wall Street's top and bottom expectations for its December quarter by a hair and the punters turned vicious pounding it down around 50 bucks after-hours.
A Correct Person wrote:
Denis Roebrt commented on
the 21 Aug 2006
"Tough Questions"???
Sounds more like
questions a Fox anchor
would ask Bush. Sheesh,
can an interview sound
more like a sales pitch?
Or has...
Neil Mansilla wrote: I've
been working and
deploying applications on
the Web since 1994. I've
gone from shared hosting
on SGI boxes, to
dedicated hosting, to
co-location with Verio
and Level3 (still have ...
JNels wrote: Hey -
Jeffrey Nelson here at
Verizon Wireless. Not a
bit of snubbing going on
here. Encourage folks to
review the materials from
our announcement about
joining LiMo Foundation
earlier this ...
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