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Friday, 19 October 2007 13:10

Google?s quarterly profit increases

Written by David Stellmack

Image

46 percent rise


Google, Inc.
reported that it had a 46 percent increase in profits that topped analysts' expectations, while its revenues grew 57 percent. 

Industry analysts had predicted that Google’s growth would slow to 47 percent, and that prediction is much lower than Google’s competitors.  Q3 operating profit margins improved over the previous quarter.

Shares of Google are up 39 percent so far in 2007.

Last modified on Friday, 19 October 2007 13:39

David Stellmack

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