Tag: google

Google Kills Estimates

Google shares spiked by over 18 percent in after hours trading, about the same time the search giant’s earnings report hit. The dramatic rise is attributed to a trouncing of Wall Street estimates.Google reported revenues of $5.19 billion for Q1 2008, or $3.7 billion after traffic-acquisition costs, pulling in a non-GAAP earnings per share of $4.84. Analysts had predicted $3.61 billion in revenues and an EPS of $4.52.

Google Sites Top Video Property For February

For the month of February Google Sites were again the top U.S. video property with nearly 3.6 billion videos viewed (35.4% share of all videos), gaining 1.1 share points over January according to comScore Video Metrix.U.S. Internet users viewed more than 10 billion videos online during the month, a three percent increase over January and a 66 percent gain over February 2007.

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