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Google's 2nd Quarter earnings now available.

Colin Colehour [PersonRank 10]

Thursday, July 19, 2007
17 years ago2,355 views

<< Google reported revenues of $3.87 billion for the quarter ended June 30, 2007, an increase of 58% compared to the second quarter of 2006 and an increase of 6% compared to the first quarter of 2007. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs, or TAC. In the second quarter of 2007, TAC totaled $1.15 billion, or 30% of advertising revenues. >>

Cash on hand was listed as $12.5 billion, does that reflect the DoubleClick purchase?

http://www.google.com/intl/en/press/pressrel/revenues_q207.html

Tony Ruscoe [PersonRank 10]

17 years ago #

My host's (non-Gmail) spam filter flagged up the email as being spam. I think it was because the subject was all in capitals and the email was talking about stock, etc.

Ionut Alex. Chitu [PersonRank 10]

17 years ago #

CNN Money comments:
http://money.cnn.com/2007/07/19/news/companies/goog_earnings/?postversion=2007071917

And GOOG drops...
http://img442.imageshack.us/img442/2885/googns6.gif

Martin Porcheron [PersonRank 10]

17 years ago #

> Cash on hand was listed as $12.5 billion, does
> that reflect the DoubleClick purchase?

That deal hasn't gone through yet, so my guess would be no.

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