Feeds

Google back to wowing Wall Street

Profits pumped 46 per cent

Choosing a cloud hosting partner with confidence

Google still has a knack for wowing Wall Street.

Today, the world's largest search engine announced profits of $1.07bn for the financial quarter ending September 30, a 46 per cent year-over-year increase that exceeded the expectations of Wall Street analysts.

Meanwhile, Q3 revenue hit $4.34bn, a 57 per cent jump from the same quarter last year. "We're very pleased with our strong results, especially during one of our seasonally weaker quarters," said CEO Eric Schmidt during a conference call with analysts.

This marks a return to form for the Mountain View, CA web giant. When the company announced its Q2 results this past July, profits weren't quite as sky high as Wall Street had hoped. But Q3 marks the 11th time in the past 13 quarters that Google has topped what all those analysts were expecting. That dates all the way back the company's initial public offering in 2004. ®

Beginner's guide to SSL certificates

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.