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Technology Stocks : Google Facts Zone

GOOG 278.06

-2.2%

Nov 4 3:59 PM EST

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To: Sr K who wrote (3438)	10/16/2009 11:00:17 AM
From: Sonki	of 3618

sk, i m surprised the stock is not much higher @550 only 3.77% Rest of the stock market selling off maybe keeping the lid on it or option expiration. here is summary from briefing.com I am not sure paid clik % below is correct. --------- google (GOOG 529.91) reported third quarter earnings and revenue that topped expectations and said that it is ready to invest in the future. Google reported earnings of $5.89 per share, $0.47 better than the First Call consensus of $5.42. Revenues, minus traffic acquisition costs, rose 8.4% year-over-year to $4.4 billion, topping the $4.24 billion consensus. Google said 53% of its revenues came from outside the U.S. Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of its AdSense partners, increased 14% year-over-year. Wall Street expected paid clicks to increase about 15% or better. Paid clicks increased approximately 4% from the second quarter of 2009. "While there is a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us and now feel confident about investing heavily in our future," said CEO Eric Schmidt. Google said it expects to make "significant capital expenditures" but did not provide a specific estimate. Shares of GOOG are 72% higher year-to-date.

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