Google (GOOG) Q4 Preview: Wide EPS Range Creates Headline Risk
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Google (GOOG) Firing on All Cylinders as Q4 Revenues Ramp 36%
January 22, 2013 5:00 PM ESTShares of Google (NASDAQ: GOOG) are jumping higher in after-hours trading Tuesday following stronger-than-expected fourth quarter results, showing a sharp jump in revenues.
The Internet giant reported consolidated revenues of $14.42 billion for the quarter, up 36% from last year's fourth quarter and up 8% quarter-on-quarter. Including recently sold Motorola Home, revenues would have been $15.24 billion. Excluding traffic acquisition costs (TAC) but including Motorola Home, Google's adjusted revenues for the quarter was $12.16 billion, which was just shy of the analyst consensus of $12.36 billion.
Notably, the company posted $50 billion in revenues for the first... More
