Google Misses On Q3 Sales, Earnings As Spending Rises

By | October 16, 2014

Scalper1 News

Search giant Google reported weaker-than-expected Q3 earnings and revenue late Thursday as expenses soared and advertising growth slowed amid stiff competition. Google (GOOGL) earned $6.35 a share excluding various items, up 18% vs. a year earlier but 18 cents below what analysts polled by Thomson Reuters had expected. Revenue also missed the mark. While total sales rose 20% to $16.52 billion, analysts had expected $16.58 Scalper1 News

Scalper1 News