Tag Archives: googl

Google Mobile Growth Overcomes Q4 EPS, Revenue Miss

Google (GOOGL) stock rose Friday as investors and analysts focused on mobile growth at the search leader and not Q4 earnings and sales that missed expectations. In releasing its Q4 results late Thursday, Google said several items had undercut its showing. Those events including higher foreign exchange costs created by a strong U.S. dollar, an insufficient supply of its new Nexus 7 phone and a spike in real estate costs as the company accommodates

Google Q4 Capex Jumps, ‘Rational Spending’ Coming?

Google’s (GOOGL) capital spending popped 57% in Q4 to $3.55 billion, topping Wall Street estimates, and the Internet search giant’s cash balance rose 10.6% to nearly $60 billion. Despite its heavy investments, Google could start paying a dividend like Apple (AAPL), RBC Capital speculated late last year. In Q4, Google’s capital spending accounted for 20% of gross revenue, up from 14% in the year-earlier quarter and 8% in Q4 2012. On Google’s

Google Challenges Drag Down Q4 Earnings

Google late Thursday posted Q4 results that missed on the top and bottom lines. By some analyst measures, it also missed in key ad metrics. Yet investors shrugged as the search leader continued to show solid growth in key areas, including YouTube mobile users. Google (GOOGL) stock was up 2% in after-hours trading Thursday, after the company reported a 15% year-over-year rise in revenue. Per-share profit ex items rose 2.7% to $6.88, 23 cents below