News wire article from our research archive:

Google 2Q Earnings Surpass Expectations

SAN FRANCISCO - Google's second-quarter profit more than doubled, maintaining the Internet search leader's penchant for topping analysts' high expectations and further underscoring the advantage the company has built over its chief rivals.

The Mountain View, Calif.-based company said Thursday that it earned $721.1 million, or $2.33 per share, during the three months ended in June. That compared with net income of $342.8 million, or $1.19 per share, at the same time last year.

Excluding expenses for employee stock compensation and several other one-time items, Google said it would have earned $2.49 per share - well above the average estimate of $2.22 per share among 32 analysts surveyed ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!