Google Follows Internet Post-Earnings Sell-Off (GOOG)

Goole Inc. (NASDAQ: GOOG) has posted its earnings and the results came in at $4.43 non-GAAP EPS on revenues of $3.39 Billion on an ex-TAC basis, and these are not going to greatly received since Wall Street demand more from Google. First Call had estimates at $4.45 EPS on ex-TAC revenues of $3.45 Billion. Google doesn’t offer guidance, but Wall Street is expecting roughly a 30% EPS gain in 2008 to $20.78 EPS and roughly a 40% revenue gain to $16.59 Billion.Its revenues before backing out traffic acquisition costs was $4.83 Billion. Here were some key metrics: Google-owned sites generated…
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  31 January, 2008| Economy | @ 21:14

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