- Preeti Upadhyaya, Silicon Valley Business Journal
Google Inc. posted net income of $3.3 billion for the second quarter, up 17 percent from a year ago thanks to growth in the company's advertising business. But the Mountain View company didn't perform as well as analysts had anticipated, and the stock dropped 5 percent in after-hours trading.
Here's how the numbers break down:
EPS
Google pulled in earnings per share of $9.54, compared to $8.42 a year earlier.
Revenue
Revenue came in at $14.1 billion, compared to $11.8 billion a year prior.
Missed estimate
Analysts polled by Yahoo Finance and Thompson Reuters were expecting earnings of $10.78 a share on revenue of $14.4 billion.
Tasty bits
Total ad revenue jumped 15 percent to $13.1 billion. Read more about Google's Q2 results here and here.
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