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Google Blows Out The Numbers!
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http://stockpicky.blogspot.com/2008/04/google-blows-out-numb...
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1greenthumb
4 months, 3 weeks, 1 day, 13 hours agoNervous Google investors got a big reassurance as Google (goog) reported earnings per share of $4.84 per share. The analysts were looking for $4.52 per share. Gross revenue rose 42 percent to $5.19 billion, analysts were looking for $5.13 billion.
With the ridiculous news coming out of comscore a few weeks back the stock was punished for comscore's paid click data. Google though had already told us that they were reducing bad clicks and that there click data could suffer, but that it would generate higher revenue per paid click. Obviously they were correct and comscore now has zero credibility! Here is a couple highlights from the quarter...
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