January 22, 2013 at 16:08 PM EST
GOOG Q4 Revenue Misses, EPS Beats; Shares Rise
Google (GOOG) this afternoon reported Q4 revenue that missed analysts’ estimates, but beat on the bottom line. Revenue in the three months ended in December rose 36%, year over year, to $11.34 billion, excluding the cost of “traffic acquisition,” or TAC,yielding EPS of $10.65. Analysts had been modeling $12.32 billion and $10.55 per share. CEO [...]
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