46 percent rise
Last modified on Friday, 19 October 2007 13:39
Google, Inc. reported that it had a 46 percent increase in profits that topped analysts' expectations, while its revenues grew 57 percent.
Industry analysts had predicted that Google’s growth would slow to 47 percent, and that prediction is much lower than Google’s competitors. Q3 operating profit margins improved over the previous quarter.
Shares of Google are up 39 percent so far in 2007.