Google Announces 4th Quarter And Fiscal Year 2014 Results

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Google Inc. today announced financial results for the quarter and fiscal year ended December 31, 2014. “Google’s full year revenue for 2014 was $66 billion, up 19% year on year,” said Patrick Pichette, CFO of Google, “and this quarter, our revenue was $18.1 billion, despite strong currency headwinds.”

Google Inc. reported consolidated revenues of $18.10 billion for the quarter ended December 31, 2014, an increase of 15% compared to the fourth quarter of 2013. Google Inc. reports advertising revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the fourth quarter of 2014, TAC totaled $3.62 billion, or 22% of advertising revenues. Operating income, operating margin, net income, and earnings per share (EPS) are reported on a GAAP and non-GAAP basis. The non-GAAP measures, as well as free cash flow, an alternative non-GAAP measure of liquidity, are described below and are reconciled to the corresponding GAAP measures at the end of this release.
 
Revenue growth of only 15%?! Sell, sell sell! GAAP income growth of 40% QoQ and 24% profit margins?!

Well, looks like they sold initially, but popped back up a little bit. Sigh, our schizophrenic markets.
 
Revenue growth of only 15%?! Sell, sell sell! GAAP income growth of 40% QoQ and 24% profit margins?!

Well, looks like they sold initially, but popped back up a little bit. Sigh, our schizophrenic markets.

Solid numbers but when you miss expectations you get penalized just as you get rewarded when you surpass them as Apple did earlier this week. Interesting news out this is that it looks like Google Glass is dead for now, which isn't necessarily surprising but that's not what was said a couple weeks ago.
 
What kind of dot com scam is this? I'm very wary of profitable ventures since it limits "potential"*.

* potential as in pulling in more suckers with lures of insane valuations and (early investors) profit-taking before it tanks.
 
Revenue growth of only 15%?! Sell, sell sell! GAAP income growth of 40% QoQ and 24% profit margins?!

Well, looks like they sold initially, but popped back up a little bit. Sigh, our schizophrenic markets.

Because of efficient markets, the assumption is that the expected earnings are already priced into the stock. Of course, if those expected earnings are not met, prices will drop to reflect the actual earnings release.
 
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