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Google quarterly earnings beat estimates

Last Updated: Wednesday, January 23, 2013 - 13:40

San Francisco: Google Tuesday reported strong earnings in the fourth quarter of 2012 which topped estimates by Wall Street analysts though its revenue was lower than expected.

Earnings per share excluding items were USD 10.65 in the quarter, compared to USD 9.5 in the same period a year earlier, reported Xinhua.

Excluding payment made to its advertising partners, Google's revenue was USD 11.34 billion, up from USD 8.13 billion in the quarter a year ago.

IANS

First Published: Wednesday, January 23, 2013 - 13:40
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