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sergey brin
Google Keeps Scoring
Posted on Friday, Jul 18th
Yesterday, Google reported Q2 earnings of $4.63 a share (excluding stock-based compensation costs), missing Wall Street’s expectations of $4.74 EPS. The company reported a weaker-than-expected 35% rise in quarterly net profit, according to Reuters. Google attributes this to lower returns from its cash pile (which is now $12.7 billion), rather than slacking online ad sales.
