Thursday, January 30, 2014

Google Q4 2013 earnings deliver $13.6 billion in revenue, missing expectations


It seems like Google can do no wrong with the markets these days. The consensus estimate on Wall Street was that Google would deliver $16.75 billion in revenue and earnings of $12.26 a share. It missed both those marks, clocking in at $13.6 billion and earnings of $12.01 a share. Still the stock was up slightly in after-hours trading.


Google made $14.4 billion in revenue and earned $8.62 a share for this same period a year ago. Last quarter Google brought in $14.8 billion and earned $10.47 a share. Profits rose from $3.39 billion this time last year to $3.92 billion this quarter.


The big story last quarter was the mounting losses at Motorola. That continued this quarter, but for the final time. Google announced yesterday that it was...


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