Thursday, January 20, 2011

Google Grows Revenues 26% In 4th Quarter To $8.44 Billion [Slides]

Google has once again posted optimistic growth this quarter boasting $8.44 billion in revenue, and increase of 26% compared to fourth quarter of 2009 in which revenue was $6.67 billion. Traffic acquisition costs, which Google includes in the $8.44 billion number were $2.07 billion, or 25% of total revenue.�The slides above show more in-depth results. Google beat the street easily, with analysts expecting non-GAAP earnings per share at $8.06 and $6.1 billion in net revenue.�Non-GAAP earning per share in the fourth quarter of 2010 were actually $8.75.

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