By Olivier Duffez, February 2, 2005 at 12:05 PM in: -
The world's most popular internet search engine achieved net profits of $204.1m in the three months to 31 December.
Way ahead of market expectations, this compares to the $27.3m profits the company made a year earlier.
Total fourth quarter turnover jumped to $1.03bn from $512.2m, again beating analysts' estimates.
The company released the results after the stock market closed. Google's shares fell $3.72 to close at $191.90 on the Nasdaq Stock Market, then climbed by $10.14, or 5.3 percent, in extended trading. The shares have reached a high of $205.30 since Google's IPO, which was priced at $85.
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1. March 1, 2005 at 09:29 PM, by George :: site
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