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(Continued) The Rank for $ales Weekly Newsletter, Apr. 22, 2006. Page 18
Another record strong quarter for GoogleJust when Wall Street was bracing itself for Google's first quarter earnings report, the Mountain View, California company managed to impress again, releasing numbers that blew away even the most optimistic sales and earnings estimates. As a result, shares of Google increased nearly 6 percent in extended-hours trading late Thursday, according to Inet. The stock had moved up 1.1 percent in regular trading on the Nasdaq Thursday. Google's results are the latest indication of just how strong the online advertising market is. Google's top rival Yahoo reported strong first-quarter sales and earnings after the market close on Tuesday. Both companies are benefiting from robust demand for ads tied to specific keyword search queries but Google depends almost entirely on this market for its sales and profits. Revenues for Google were $2.25 billion, up 79 percent from a year earlier. Excluding traffic acquisition costs (or TAC) that the company shares with advertising partners, Google reported sales of $1.53 billion, ahead of the $1.44 billion that Wall Street analysts were expecting. "We're obviously very happy with the company's first-quarter results," said Google chief executive officer Eric Schmidt during a conference call with analysts Thursday. "We basically have good news across the business. It looks like to us that we have continued to gain market share." The company reported net income of $592 million, or $1.95 per share, an increase of 60 percent from the same period last year. Earnings came in at $2.29 a share, excluding the cost of stock-based compensation and some other charges. That was well ahead of the $1.98 per share that analysts had forecast for the company on this basis. "Google absolutely blew forecasts away. The company has tremendous momentum and clearly is leading the growth in this market," said Marianne Wolk, an analyst with Susquehanna Financial Group. Nonetheless, shares of Google have been extremely volatile during the past few months. The rest of 2006 will be interesting as we see the big three search engines battling out for the top spot in the advertising dollar. On that, I think it is fair to assume that Google earns the top spot. Well, thats it for this week. Have a pleasant and relaxing weekend. I will see you all next Saturday! Serge Thibodeau, Please note that I am available for SEO consultative work or to help you optimize your website for the major search engines. Feel free to contact me for an honest and fair assessment. All logos, trade marks and service marks on this newsletter are the exclusive property of their respective owners. Note: Although I always try my best to answer each individual question that I receive, there are times when it's just impossible for me to answer every one I get, as the amount of emails sent to me keeps increasing all the time. Also, please note that, for confidentiality reasons, the names of people writing to us are never disclosed. Please send all your questions, comments or general enquiries to: questions@rankforsales.com Subscribe to the free Rank for Sales Weekly Newsletter <<< Previous page Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Bookmark the RFS Newsletter by simply clicking here. Search engine industry news corner: About Rank for $ales Rank for $ales can be reached via email at info@rankforsales.com or you can call from anywhere in the US or Canada, via our toll free number at 1-800-631-3221. Our offices are located near Montreal, Quebec, Canada. Visit our web site at www.rankforsales.com About Serge Thibodeau Pagina+™ is offered by Rank for $ale's parent company: GCIS Inc. Besides serving as editor and CEO of Rank for $ales, Serge Thibodeau currently writes professional search engine optimization articles in some of the following publications:
SEO Today (www.seotoday.com) Additionally, Serge Thibodeau has successfully developed and deployed Global Business Listing, a powerful and flexible 'paid inclusion' search engine that will further increase any company's rankings and visibility in the major search engines. On the Web, at: www.globalbusinesslisting.com Bookmark the Rank for $ales newsletter by simply clicking here. Legal Notice This newsletter is sponsored by Rank for Sales, a professional SEO firm in business since 1997. We suggest you bookmark our newsletter and place it in the list of your favorite websites by clicking here. Feel free to contact us if you need to have your website optimized by a professional SEO firm, or if you have any question on the subject of search engines. |