Google's Q3 Earnings Beat Expectations

Oct 17, 2008 - 10:10 am 0 by
Filed Under Misc Google

I'm sure you all know that we're in a recession. Most companies are reporting layoffs and lowered earnings. Of course, if you're living in the bubble that is Google, you don't have $700 shares anymore, but you are doing pretty well financially, according to reports from CNBC and other sources (including the official release). It's as if Google is not in much of a recession at all.

Google has earned $4.92/share in Q3 (excluding one-time items) on a topline of $4.04 billion, according to the report. Eric Schmidt of Google has said "While we are realistic about the poor state of the global economy, we will continue to manage Google for the long term."

Google is lucky, but above all, they earned it. Congratulations to them!

Forum discussion continues at WebmasterWorld.


Popular Categories

The Pulse of the search community


Search Video Recaps

Google Core Update Volatility, Helpful Content Update Gone, Dangerous Search Results & Ads Confusion - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: April 17, 2024

Apr 17, 2024 - 4:00 pm
Google Updates

Deepening Google Core Ranking Volatility Hits Yesterday & Today

Apr 17, 2024 - 8:01 am
Google Maps

Google Maps No Longer Will Support Draft Reviews

Apr 17, 2024 - 7:51 am
Google Search Engine Optimization

Google Search Console Adds Unused Ownership Tokens

Apr 17, 2024 - 7:41 am
Google Ads

New Google Ads AI Generated Image Tool For Demand Gen Campaigns

Apr 17, 2024 - 7:31 am

Google Tests Horizontal Lines For Sitelinks & People Also Ask

Apr 17, 2024 - 7:21 am
Previous Story: Google Explains Quality Scores in AdWords