Google Revenue, Profit Up In Q1, But Wall Street Not Impressed

On Wednesday, Google released its earnings statement for Q1 of 2014, reporting revenue of $15.4 billion, up 19 percent year on year, and an increase in net income. But the numbers come in just shy of analysts’ expectations, which projected the company to rake in $15.58 billion. Google’s earnings-per-share came in at $6.27 — roughly five cents off from analysts’ projections of $6.33. According to Google, traffic acquisition costs increased to $3.23 billion in the first quarter of 2014, representing 23 percent of advertising revenues.

BING NEWS:
  • Pounce on These 7 High-Growth Blue-Chip Stocks Now
    Stock Market News, Stock Advice & Trading Tips You can find plenty of growth opportunities if you look for blue-chip stocks.
    06/5/2024 - 11:30 pm | View Link
  • Lululemon: Fiscal Q1 Earnings Snapshot
    The Vancouver, British Columbia-based company said it had net income of $2.54 per share. The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks ...
    06/5/2024 - 4:15 am | View Link
  • Dollar Tree Inc. Q1 Profit Increases, Beats Estimates
    Dollar Tree Inc. (DLTR) announced a profit for its first quarter that increased from last year and beat the Street estimates. The ...
    06/5/2024 - 1:58 am | View Link
  • CrowdStrike: Fiscal Q1 Earnings Snapshot
    CrowdStrike expects full-year earnings in the range of $3.93 to $4.03 per share, with revenue ranging from $3.98 billion to $4.01 billion. This story was generated by Automated Insights ( ...
    06/4/2024 - 9:15 am | View Link
  • HealthEquity: Fiscal Q1 Earnings Snapshot
    On a per-share basis, the Draper, Utah-based company said it had profit of 33 cents. Earnings, adjusted for one-time gains and costs, were 80 cents per share. The results surpassed Wall ... revenue of ...
    06/3/2024 - 9:11 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News