Thursday, October 25, 2012

Google Q3 financial statement out early, shares pummeled

Google's third-quarter financial results are out early, and its shares are taking a beating because the company missed revenue and net income expectations.

Revenue came in at $14.10 billion for the quarter ended Sept. 30, 2012, up 45 percent year on year, according to what looks like a draft copy of the press release that was posted on the U.S. Securities and Exchange Commission's site.

Source: http://www.infoworld.com/d/the-industry-standard/google-q3-financial-statement-out-early-shares-pummeled-205258?source=rss_the_industry_standard

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