Google 4Q Profit Misses Analyst Target

Google’s fourth quarter profits fell short of analyst expectations. The company’s fourth-quarter gain was the smallest in its fourteen quarters as a publicly held company.

In a more important measure to investors, Google retained $3.39 billion in revenue after paying commissions to its thousands of advertising partners across the Web. The net revenue missed analyst estimates by about $60 million, or just under 2 percent.

Comments