Saturday, January 21, 2012

Google Comes Up Short In Q4 Earnings

Screen Shot 2012-01-19 at 4.13.50 PMGoogle has just released its Q4 2011 results, and they didn't live up to Wall Street's?expectations. Wall Street's consensus for the quarter was $10.49 in non-GAAP earnings per share and $8.40 billion in revenue. Google missed on both counts, with EPS of $9.50 and net revenue of $8.13 billion. Google shares are down around 10% in after-hours trading.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iOSrTcG58_s/

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