Google Sales Up 20 Percent; Numbers Easily Top Expectations

Google Loading... logo in the magnifying glass Google (NSDQ: GOOG) posted double-digit jumps in sales and net income, as the company continued to benefit from a strong market for search ads. Sales increased 20 percent to $5. 48 billion, from $4. Read more

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Summary

Google (NSDQ: GOOG) posted double-digit jumps in sales and net income, as the company continued to benefit from a strong market for search ads. Sales increased 20 percent to $5. 48 billion, from $4. 38 billion a year ago, while earnings per share increased to $7. 64 from $5. 89 during the same quarter in 2009. On average, analysts had expected net revenue of $5.

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