Google Inc Has Big Miss On Earnings

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Google Inc Has Big Miss On Earnings

As of this writing, Class A shares of Google were down 2.12% to $502.25 per share

Google released the earnings results from its most recently completed quarter tonight, posting adjusted earnings of $6.88 per share on revenue of $18.1 billion, a 15% increase. Analysts had been expecting the search giant to report earnings of $7.12 per share on $14.45 billion in revenue.

Key metrics from Google’s earnings report

For the full year, Google posted revenue of $66 billion, a 19% increase year over year.

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GAAP net income for the fourth quarter was $4.76 billion or $6.91 per share. That includes results from Google’s discontinued operations, which was the Motorola Mobility division. That’s compared to 2013’s $3.38 billion or $4.95 per share. GAAP operating income was 24