GOOG - Google's Stock Price Drops as Earnings Rise

Feb 1, 2007 - 7:02 am 0 by
Filed Under Google

The bottom line is that Google's stock, GOOG, has dropped about 3% as soon as Google announced their 4th quarter earnings. The deal is, their earnings were pretty good, showing an 19.3% increase in revenues from the previous quarter and a 40.5% GAAP increase in net income. In any event, Wall Street was expecting more from Google.

Danny Sullivan probably has the ultimate write up on Google's 2006 earnings announcement, so check it out there for all the facts, links, charts and questions and answers from the conference call.

I also love how shorebreak summed up the results at a WebmasterWorld thread:

Q4 '06 #'s below, with sequential growth in () -
$3.21B Total Revenue (+19.3% sequentially)
$976M Traffic Acquisition Costs (+18.3%)
$1.006B Operating Income (+8.1%, Less R&D, Selling, G&A, etc)
$1.03B Net income (+40.5% GAAP, +22.8% Non-GAAP)
$3.29 EPS (+39.4% sequentially)
G.com = $1.98B, or 62% of total (+22%)
Network = $1.2B, or **37%** of total (+16%)
Int'l = 44%
Clicks = +22% vs Q3

Nice and to the point.

Also check out Techmeme for the tons of news and blog articles on it.

Forum discussion at WebmasterWorld.

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Google Core Update Flux, AdSense Ad Intent, California Link Tax & More - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: April 19, 2024

Apr 19, 2024 - 4:00 pm
Search Video Recaps

Search News Buzz Video Recap: Google Core Update Flux, AdSense Ad Intent, California Link Tax & More

Apr 19, 2024 - 8:01 am
Google Ads

Google Tests More Google Ad Card Formats

Apr 19, 2024 - 7:51 am
Google Search Engine Optimization

Google: It's Unlikely Your Rankings Dropped Because You Have Two Websites

Apr 19, 2024 - 7:41 am
Google Search Engine Optimization

Google: Indexing API May Work For Unsupported Content But...

Apr 19, 2024 - 7:31 am
Google Search Engine Optimization

Google: Are Hyphenated Domains Bad For Google Rankings?

Apr 19, 2024 - 7:21 am
Previous Story: Search Pulse 17: Googlebombs, Yahoo Titles, YouTube Rev Share, Panama Monday, SEO, AdSense, PageRank, Groups & More