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Friday, April 22, 2005

Google's First-Quarter Profit Increases Six-Fold to $369m

googleGoogle shows a six-fold increase in its first-quarter profit.

Google first-quarter (Jan to Mar) Profit
2005...$369m
2004...$64m

Google first-quarter (Jan to Mar) Revenue
2005...$1.26b
2004...$651.6m
"After subtracting commissions that Google paid to other Web sites in its advertising network, the company's first-quarter revenue was $794.5 million."

GOOG shares are up by 10% to $223.69 on Nasdaq (After Hours ECN)

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posted by Chirayu @ 12:20:00 PM