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(Continued) The RFS Newsletter, Oct. 22, 2005. Page 18
Google, Google and Google, again! Well, on top of doing a full database update and a PR update this week, Google also managed to report meteoric third quarter earnings on Thursday. CNN Money reports that Google, thanks to extremely strong demand for it's PPC advertising, said that third-quarter sales nearly doubled from a year ago to $1.58 billion. And revenues, excluding sales that Google shares with partners, known as TAC (traffic acquisition costs) came in at $1.05 billion, well ahead of consensus estimates of $943 million. Google reported a more than seven-fold increase in net income from a year ago, to $381 million, or $1.32 a share. Earnings per share (EPS), excluding charges such as stock compensation costs, were $1.51 a share, up from 70 cents a share a year ago and surpassing analysts' forecasts of $1.36 a share. Google reported the so-called "pro-forma" number, which backs out certain costs and one-time gains, in addition to its net income on a generally accepted accounting principles (GAAP) basis this quarter in order to avoid some of the confusion that had taken place following prior Google earnings releases. Often it was not clear until the company's conference call if Google had beat, met or missed earnings estimates since analysts were using pro-forma numbers in their estimates. There was no such confusion this time around. Investors clearly loved the numbers. Shares of Google increased more than 15 percent in pre-market trading Friday, after falling nearly 2 percent in regular trading on the NASDAQ. Several analysts raised their price targets on Google to above $400 a share thanks to the strong report. "People continue to find more and more to like about Google," said David Garrity, director of research with Investec U.S. "In a word: Wow." Wow is right, I'd say. Well Google seems to have everyting going for it right now, and I have every reason to believe that it will continue the same way. Let's see what the next 12 months have in store for the company. Well, that's it for today folks. Thanks for being here and I will see you all next week. Have a great and safe weekend! Serge Thibodeau, editor 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. 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 3 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. |