Google Shares Take a Beating in After Hours Market

Feb 1, 2006 • 8:25 am | comments (0) by | Filed Under Google News & Finances

Not much to say here;

Real-Time ECN: 387.29 -45.37 (-10.49%) 1 Feb at 8:24AM ET

Google reported revenues of $1.919 billion for the quarter ended December 31, 2005, an increase of 86% compared to the fourth quarter of 2004 and an increase of 22% compared to the third quarter of 2005. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs, or TAC. In the fourth quarter, TAC totaled $629 million, or 33% percent of advertising revenues.

Time to buy? I don't know. :)

Forum discussion at WebmasterWorld on Google's reports 4Q results and on Google in After Hours Massive Selloff, DigitalPoint forums on Google Stock price - I don't get it and at Search Engine Watch on Google responds to 16% share drop.

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