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Google Revenue Nearly Doubles
Google's good fortune continues as it has reported revenue that is up nearly 100% versus this time last year. The company has also added over 800 new employess since July:
The Internet search company saw revenues of $1.578 billion for the quarter that ended September 30, 2005, up 96% from the third quarter of 2004, and up 14% compared to the company's second quarter.
Google's third quarter net income was $381.2 million -- $1.32 per diluted share -- over six times more than its Q3 earnings a year ago of $52.0 million. Financial analysts predicted Google's quarterly EPS would fall in the $1.26 to $1.44 range.
This news article was written on October 21, 2005, quoting InformationWeek.