Google Inc. said Thursday that profits soared nearly 70 percent in the first quarter on the back of solid sales growth, allowing the world's No. 1 search engine to keep its dominant spot in the red-hot online advertising business.
Google reported revenue of $3.66 billion, up 63 percent from a year earlier. After backing out advertising sales that Google shares with affiliates, the company reported revenue of $2.53 billion, better than Wall Street's consensus estimate of $2.49 billion and up 66 percent from $1.53 billion last year.
Full article on CNNMoney : http://money.cnn.com/2007/04/19/technology/google_earnings/index.htm?cnn=yes
Google reported revenue of $3.66 billion, up 63 percent from a year earlier. After backing out advertising sales that Google shares with affiliates, the company reported revenue of $2.53 billion, better than Wall Street's consensus estimate of $2.49 billion and up 66 percent from $1.53 billion last year.
Full article on CNNMoney : http://money.cnn.com/2007/04/19/technology/google_earnings/index.htm?cnn=yes
















