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Q4 Earnings

Ionut Alex. Chitu [PersonRank 10]

Thursday, January 22, 2009
15 years ago2,414 views

Conference Call – 1:30 PM PT:
http://investor.google.com/webcast.html

Press release:
http://investor.google.com/releases/2008Q4_google_earnings.html

"Google reported revenues of $5.70 billion for the quarter ended December 31, 2008, an increase of 18% compared to the fourth quarter of 2007 and an increase of 3% compared to the third quarter of 2008."

Philipp Lenssen [PersonRank 10]

15 years ago #

Seems to be online now...

Ionut Alex. Chitu [PersonRank 10]

15 years ago #

"Our Board of Directors has approved an exchange offer to allow employees the opportunity to exchange all or a portion of their existing stock options for the same number of new options. This program is currently scheduled to commence on January 29, 2009 and end on March 3, 2009 at 6:00 a.m. Pacific Time, unless Google is required or opts to extend the offer period to a later date. Currently, we expect that new options will have an exercise price equal to the closing price per share of our common stock on March 2, 2009 and that stock options with exercise prices above this closing price will be eligible for exchange, but this may change. Generally, all employees with options are eligible to participate in the program (Eric Schmidt, Sergey Brin, and Larry Page do not hold options)."

"On a worldwide basis, Google employed 20,222 full-time employees as of December 31, 2008, up from 20,123 full-time employees as of September 30, 2008."

Ionut Alex. Chitu [PersonRank 10]

15 years ago #

Apparently, the most optimistic estimation for the net revenue was $4.16 B. The real value was $4.22 B, so the stock will go up.

Juha-Matti Laurio [PersonRank 10]

15 years ago #

http://online.wsj.com/article/SB123265832760407467.html

Tony Ruscoe [PersonRank 10]

15 years ago #

Info about the Option Exchange Program has also been posted to their blog:
http://googleblog.blogspot.com/2009/01/announcing-googles-employee-option.html

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