Friday, January 30, 2015

Google Revenue Is Higher, but Profit Misses Expectations - NYTimes.com

Google continues to play by its own rules

"The report comes at a rough time for Google’s stock. Shares in the company, as of Thursday morning, were down about 10 percent since April 2014, a period in which the Standard & Poor’s 500-stock index has increased and peers like Facebook have rallied 25 percent. Google shares were up a little more than 1 percent in after-hours trading after the results were announced.

Anxieties have been compounded by a perception on Wall Street that Google does not particularly care what it thinks. “Unfortunately, at times like now when negative sentiment rules the short term, this opacity makes investors uncomfortable,” Ross Sandler, an analyst with Deutsche Bank, wrote in a report before earnings were announced."
Google Revenue Is Higher, but Profit Misses Expectations - NYTimes.com
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