Google Inc (GOOG) Shares Dip On Big-Time Earnings Miss

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Google Inc (GOOG) Shares Dip On Big-Time Earnings Miss

Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) released the results from its most recently completed quarter, posting non-GAAP earnings of $6.27 on consolidated revenues of $15.42 billion. Analysts had been expecting to see earnings per share of $6.44 on $15.54 billion in revenue for the quarter.

Details on Google’s results

GAAP earnings per share, including impacts from discontinued operations, were $5.04 a share on 685 million outstanding diluted shares. That’s compared to $4.97 a share on 673 million outstanding diluted shares in the same quarter a year ago. GAAP operating income was $4.12 billion, while GAAP net income was $3.45 billion. Non-GAAP net income was $4.3 billion.

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