Logo

Google Profits Up 46 Percent in Third Quarter

Oct 18, 2007  •  Post A Comment

Google beat Wall Street’s expectations for its third-quarter earnings, posting a 46 percent increase in profits.
The search giant said it earned $1.07 billion for the quarter, up from net income of $733.4 million a year ago.
Revenue hit $4.23 billion, a 57 percent rise over last year. During the past quarter, the company’s stock price rose past $600 per share for the first time.
In the earnings call, Google CEO Eric Schmidt pointed to Google’s new initiatives in the online video ad arena, including text and overlay ads on YouTube videos. “Each of these initiatives gives advertisers new and interesting ways to build relationships with customers,” he said.
Google reached a unique audience of 118 million in September, according to Nielsen Online.

6 Comments

  1. I really like the colors here on your blog. did you design this yourself or did you outsource it to a professional?

  2. Hey how are you doing? I just wanted to stop by and say that it’s been a pleasure reading your blog. I have bookmarked your website so that I can come back & read more in the future as well. plz do keep up the quality writing

  3. LDA – Chief Exec Monthly Store LTD

  4. Kind Regards,

  5. I would like to start my own blog one day. This was a really nice blog that you made here. Keep up the success 😛

  6. Amazing freakin blog here. I almost cried while reading it!

Leave a Reply to Link Building Cancel Reply

Email (will not be published)