Google Profits Up - Big Time
The first quarterly results posted by Google as a publicly traded company are, to say the least, impressive.
Probably the most bullish piece of news is that revenues were $806 million vs expectataions of $752 million.
I won’t try making sense of the earnings estimate … too much hand waving.
After hours pushed the stock up another $12. That’s on top of being up almost $9 for the day trading session.
It will be interesting to see what tomorrow’s price action brings.
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