Wednesday, Jul 27, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Technology

Google’s earnings take off in 3rd quarter

SAN FRANCISCO — Google’s earnings climbed 36 percent in the third quarter despite a deepening slump in its average ad prices as more people connect to its search engine and other services on mobile devices.

The results, released Thursday after the market closed, exceeded the analyst projections that steer investors.

Google’s stock surged 6 percent to $943.90 in after-market trading.

Google Inc. earned nearly $3 billion, or $8.75 per share, during the three months ending in September. That compared to income of $2.2 billion, or $6.53 per share, during the same period last year.

Revenue rose 12 percent from last year to $14.9 billion.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…