Google 4Q earnings increase sevenfold to $204.1 million

Category: Professional

Google earnings show a sevenfold increase in the fourth-quarter.
4Q Year 2003: $27.3 million (2.7 crore dollars)
4Q Year 2004: $204.1 million (20.41 crore dollars)
A 747% increase in earnings.

(GOOG last trade $191.90. Pre-market $215. NASDAQ debut on 19th August 2004 at $85)

The owner of the world's most popular search engine earned $204.1 million, or 71 cents per share, during the final three months of 2004. That compared to net income of $27.3 million, or 10 cents per share, at the same time in 2003.
Read more on Google's 4Q earnings.

Many Congratulations to everyone at Google.

Related:
- Google news results for Google fourth-quarter earnings.
- Google stock quotes.

A recent Pew Internet and American Life research report shows that only 1 in 6 Internet surfers understand the difference between Paid and Actual/Free search results.
This is good news for Google, Yahoo and others.
The market for search engine and contextual advertising is going to grow and grow.

This post is tagged as Google, Search, and MarketWatch for Technorati Tags.

Permanent link to this post.